Ethiopia and Algeria have agreed to jointly work towards a robust cooperation in the field of pharmaceuticals on Monday.
Nebiat Getachew Assegid, Ambassador of Ethiopia to the People’s Democratic Republic of Algeria, met on August 16, 2022, with Dr. Abderrahmane Djamal Lofti Benbahmed, Minister of Pharmaceutical Industry of Algeria, and discussed on enhancing bilateral cooperation in the field of pharmaceutical between the two sisterly countries.
Ambassador Nebiat briefed Minister Dr. Benbahmed that Ethiopia has a huge trade and Investment potential for Algerian pharmaceutical Industry and outlined the Ethiopian pharmaceutical regulatory and distribution landscape.
He said that Ethiopia has created a favorable atmosphere for investors by creating pharmaceutical industrial parks among other incentives.
The Ambassador recalled the recent visit and discussion President Sahle-Work Zewde to Algeria with President Abdulmadjid Tebboune, President of Algeria, in which they both underscored on the importance of strengthening commercial ties between Ethiopia and Algeria.
Dr. Abderrahmane Djamal Lofti Benbahmed for his part noted that inter-agency cooperation should be enhanced between the relevant institutions of the two countries.
For this purpose, the two parties expressed their desire to enhance cooperation by signing a partnership MoU between Algerian Ministry of Pharmaceutical Industry and the Ethiopian Ministry of Health as well as between the National Agency for Pharmaceutical Materials – ANPP and its Ethiopian counterpart the Ethiopian Food and Drug Administration –EFDA, according to Ethiopian Ministry of Foreign Affairs.
Dr. Benbahmed also expressed Algeria’s readiness to introduce the Algerian pharmaceutical industry actors to the Ethiopian market through exchange of visits and a pharmaceutical exhibition in Addis Abeba, Ethiopia.