- Korea occupies its importance place for Algeria to diversify its economic diversification policy: Algeria envoy

Since Korea & Algeria entered into both strategic partnership relations in late 2006, Algeria is the sole country with whom Korea inked solely its strategic partnership relations in African continent.

In that respect, Korea-Algeria 30th Diplomatic ties provide Korea with an new angle to diversity our diplomatic horizon into another African countries, taking advantage of our previous diplomatic experiences with regard to Korea-Algeria 30th Diplomatic ties.

In his welcome address to mark Korea-Algeria 30th diplomatic establishment held at the Seoul Square in front of the Seoulcity Metropolitan Government on Oct. 8th evening, Algeria envoy Mohammed El Amine Derragui stressed that Korea occupies its importance place for Algeria to diversify its economic diversification policy, adding Korean investor companies have been their leading roles to spearhead such economic diversification with Algeria in African continent.

Director-General Hong Jin-wook from the Division of Africa & Middle East, MOFAT who joined on behalf of Korean Government, also sincerely hoped through Korea-Algeria 30th Diplomatic ties anniversary music event for both countries’ communication & people-to-people exchanges to be deepened even more.

For reference, Algeria Amb. Derragui received this year’s Proud Amb. Award on last Sep. 24th at the Korea Press Center from the NDNnews & its wing Korea Culture Amb. Friendship Association in recognition of his excellent diplomatic activities as follows:

Proud Amb. Award 2019

H.E. Mohammed El Amine DERRAGUI

Algeria Amb. to the Republic of Korea

Since having presented credentials on April, 2015, Your Excellency has been enthusiastic for allowing Korean public to understand that South Korea & Algeria are committed to mutual understanding and collaboration in all fields, firmly attached to peace and stability on the regional and international levels. So in such context, Your Excellency has been diligent in carrying out university lectures, Korea-Algeria fashion show, Korea-Algeria movie festival etc., to name just a few to explain that Algeria is an emerging market in Africa and South Korea proved to be one of the key partners of the Algerian government on the path of socioeconomic diversification & industrial growth.

Korea and Algeria are strategic partners since March 2006 and trade exchanges and the economic cooperation has reached an appreciable level, deemed to grow in the future thanks to aggressive Your Excellency’s efforts & dedication as Algeria top envoy in Korea. In recognition of Your Excellency's such excellent activities as Algeria top envoy to the Republic of Korea as well as in terms of promoting cooperations and mutual relationships between Korea & Algeria, The NDNnews (www.ndnnews.co.kr) & Seoulcity magazine bestow the 2019 Proud Amb. Award upon Your Excellency.

The following is a congratulatory speech by Algeria Amb. Derragui at that time.-Ed.

Congratulatory speech by H.E. Mohammed El Amine DERRAGUI Amb. of Algeria (10am, Sep. 24th Tuesday at the 20th Intl Conference Hall, Korea Press Center)

First of all, I as Algeria Amb. to the Republic of Korea am very honored & priviledged to be selected as one recipient of this year’s Proud Amb. Award 4 Ambassadors from the Host NDNnews & its affiliation organization Korea Culture Ambassador Friendship Association.

To have been enthusiastic since presenting my credentials on April, 2015 during last 4 & half years for allowing Korean public to understand that South Korea & Algeria are committed to mutual understanding and collaborating in all fields, attached to peace and stability on the regional and international levels, seems to allow me to receive this morning’s Proud Amb. Awards in my opinion. As you all participants are aware of it, Korea and Algeria are strategic partners since March 2006 and trade exchanges and the economic cooperation has reached an appreciable level, deemed to grow in the future.

Moreover, with regard to governance and economic management, the Algerian Government applied sound policies that improved the predictability and transparency, resulted in a significant growth outside hydrocarbons and strengthened the country’s external financial position. The economic diversification is considered as paramount through investment promotion, industrial policy, agriculture and rural renewal and the construction of infrastructures (public works, water resources, environment, and services, to name just a few).

So I firmly believe that South Korea can prove to be one of the key partners of the Algerian government on the path of socioeconomic diversification & industrial growth. Once again, thank you for allowing me to receive the 2019 Proud Amb. Award. Thank you.

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