According to the report of ICCIM Public Relations, in this meeting, was emphasized on the full support of two countries' private sector from the taken decisions of the supreme committee.
This meeting is as a new beginning for the expansion of economic cooperation in the different fields of automotive, wagon, cement production, housing construction, road construction, establishment of plant, banking, tourism, investing and agricultural cooperation.
According to the activity of Iran-Algeria joint commercial council in the recent years, the agreement of the formation of the joint council of two countries is going to be signed formally by the heads of two chambers in the closing session of the supreme committee and the first session of this council will be held with the presence of Iranian entrepreneurs on the first quarter 2011in Algeria.
The head of Algeria Chamber announced, "There are many areas for joint cooperation which can be exploited jointly according to the industrial and technology advances of Iran and the using of financial facilities and the strategic position of Algeria such as close to the European and African markets."
He added, "During the past 10 years, Algerian economic was moved from the governmental sector to the private sector and 70% of Algerian economic is private except the energy and defense sectors."
The head of Iran Chamber pointing to the remarkable success of Iranian engineering and technical companies, emphasized on the full readiness of Iran private sector especially in the fields of the technical and engineering services, Automotives, Housing and Road construction for cooperation with Algerian companies.