https://en.sputniknews.africa/20250525/north-south-vs-south-south-algeria-opts-for-equality-1073450965.html
North-South vs South-South: Algeria Opts for Equality
North-South vs South-South: Algeria Opts for Equality
Sputnik Africa
Earlier, Algeria officially joined the New Development Bank. 25.05.2025, Sputnik Africa
2025-05-25T08:43+0200
2025-05-25T08:43+0200
2025-05-25T08:43+0200
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Algiers has always supported and even financed major integration projects in Africa, economist Mohamed Achir told Sputnik Africa. One such initiative is the Trans-Saharan Highway, which links the Algerian capital to sub-Saharan nations.The country's recent membership in the BRICS Bank is part of this policy, according to Achir.
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North-South vs South-South: Algeria Opts for Equality
Earlier, Algeria officially joined the New Development Bank.
Algiers has always supported and even financed major integration projects in Africa, economist Mohamed Achir told Sputnik Africa. One such initiative is the Trans-Saharan Highway, which links the Algerian capital to sub-Saharan nations.
The country's recent membership in the BRICS Bank is part of this policy, according to Achir.
"Since 1962, Algiers has always called for strengthened cooperation between the countries of the South to break away from North-South domination, which is based on the exploitation of the resources and raw materials of the countries of the South, with terms of trade that are very unfavorable to the countries of the South."
