Egypt, Madagascar to Enhance Cooperation in Military Production

Egypt’s Minister of State for Military Production Mohamed Morsy meets the Minister of Foreign Affairs of Madagascar (Egyptian Cabinet page on Facebook)
Egypt’s Minister of State for Military Production Mohamed Morsy meets the Minister of Foreign Affairs of Madagascar (Egyptian Cabinet page on Facebook)
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Egypt, Madagascar to Enhance Cooperation in Military Production

Egypt’s Minister of State for Military Production Mohamed Morsy meets the Minister of Foreign Affairs of Madagascar (Egyptian Cabinet page on Facebook)
Egypt’s Minister of State for Military Production Mohamed Morsy meets the Minister of Foreign Affairs of Madagascar (Egyptian Cabinet page on Facebook)

Egyptian Minister of State for Military Production Mohamed Morsy has met with Madagascar’s Minister of Foreign Affairs Patrick Ralolina as part of efforts to achieve African integration and exchange expertise.

Morsy said that the meeting discussed ways to enhance cooperation in various fields of manufacturing. It further reviewed the technical, technological, manufacturing, and human capabilities of the ministry and its subsidiaries.

Morsy asserted the ministry’s interest in strengthening the strategic partnership between production companies in Egypt and Madagascar.

He also stressed the ministry’s keenness to exchange expertise and achieve integration within the African continent, pointing to his ministry’s goal to meet the needs of Madagascar.

For his part, Ralolina expressed his country’s aspiration to achieve fruitful cooperation with Egypt in various industrial fields.

He praised the technical expertise and the technological capabilities of military production companies and their role in supporting the Egyptian state’s plan for development.

Ralolina hailed the economic reform measures taken by Egypt.

Monay’s meeting came as part of Ralolina’s visit to Egypt to participate in the 21st Common Market for Eastern and Southern Africa (COMESA) summit on November 23.

Madagascar would hand over the chairmanship of the COMESA to Egypt during this summit.



France Says Unaware of Algerian Trade Curbs as Tensions Build

French President Emmanuel Macron and Algerian President Abdelmadjid Tebboune. (AFP file)
French President Emmanuel Macron and Algerian President Abdelmadjid Tebboune. (AFP file)
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France Says Unaware of Algerian Trade Curbs as Tensions Build

French President Emmanuel Macron and Algerian President Abdelmadjid Tebboune. (AFP file)
French President Emmanuel Macron and Algerian President Abdelmadjid Tebboune. (AFP file)

France said on Thursday that it was not aware of any official measures imposed by Algeria on its imports and exports, but would keep a close eye on the situation as diplomatic sources suggested Algiers may be preparing trade restrictions.
Ties between Paris and Algiers have worsened in recent weeks since France recognized Morocco's sovereignty over the disputed territory of Western Sahara, which Morocco wants the international community to recognize as Moroccan, Reuters said.
The decision angered Algiers, which backs the Polisario Front that is seeking an independent state.
"We have not been made aware of such measures, but we are closely watching the situation for our companies in Algeria," France's foreign ministry spokesman Christophe Lemoine told reporters at a weekly news conference.
The office of Algerian Prime Minister Nadir Larbaoui issued a statement denying the contents of a post on X by France's former ambassador Xavier Driencourt which shows a screenshot of a document that appears to outline restrictions on imports and exports. Reuters was not able to authenticate the document and Driencourt did not respond to a request for comment.
"Following the false allegations promoted by the former French ambassador to Algeria ... regarding the alleged restrictive measures on foreign trade, the press office of the Prime Minister would like to categorically deny this information which is completely unfounded," it said in a statement.
According to three diplomats, there has been a concerted effort in recent months by Algeria to toughen the business environment for French firms, including wheat exporters.
The diplomats said there had been some signals in recent days that Algiers may look to specifically target French imports and exports, although there had been no official confirmation at this stage.
Algerian officials did not respond to Reuters' requests for comments.
BANKING SPAT
In 2022, Algeria's banking association ordered the end of payments to and from Spain after an official trade ministry directive, although it exempted key gas exports.
That rift, which has since calmed, was also over Madrid's stance on Western Sahara.
French daily newspaper Le Figaro newspaper reported on Thursday that the banking association in the North African country had met banks on Nov 4. and informed them of a potential measure.
Two diplomats told Reuters they were aware of that meeting, but cautioned that the association could not take such a decision unilaterally.
Several French companies operating in Algeria contacted by Reuters said they had not received any new directives and French officials said at this stage no companies had approached them with any specific difficulties.
Grain traders have reported that Algeria overlooked France in wheat tenders last month due to the diplomatic tensions, though Algerian state grains agency OAIC said it treated all suppliers fairly and applied technical requirements to cover its import needs.
The reported trade obstacles echo a diplomatic dispute three years ago that led to France being sidelined from its former colony's wheat tenders for months. Trade between the two countries grew more than 5% in 2023 with hydrocarbon exports from Algeria to France increasing about 15%, although imports to Algeria from France dropped 0.5%, according to the French finance ministry.