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Tosyalı Algerie wins Best Exporter Award in Algeria

Tosyalı Algerie has announced that it has won the Presidential Award for Best Exporter of the Year 2023.

Tosyalı Algerie wins Best Exporter Award in Algeria

The award was presented to Tosyalı Algerie during the Best Exporter Award ceremony, which was held for the second time this year as part of the celebrations of Algeria's Independence Day. The award was presented by Algerian President Abdelmadjid Tebboune.

In a formal statement on social media, Tosyalı Algerie expressed its delight at receiving the award, stating: "We are honored to be recognized as the Best Exporter of Industrial Products of the Year 2023. This prestigious award, our second in 2023, is a testament to the hard work of our team and our commitment to delivering high-quality products to global markets. We are proud of this achievement and look forward to achieving further milestones in the future."

In his speech at the opening ceremony, President Abdelmadjid Tebboune highlighted the importance of Algeria's economic independence, stating: "I am pleased to be with you at this Best Exporter Award ceremony, held for the second time this year as part of our Independence Day celebrations, an opportunity to remember the great sacrifices and follow the path of loyalty. In this gathering where we pay tribute to the martyrs by enhancing Algeria's achievements in various fields, it is important to emphasize the need to gradually eliminate forms of economic dependence, particularly those related to our food security.

With this perspective, we have embarked on profound and structural reforms aimed at correcting economic imbalances by improving the investment environment, promoting foreign trade and initiatives, embracing digitalization, and restructuring the monetary policy to respond to the requirements of economic stability. Despite global transformations and restrictions faced by our country due to the corona pandemic, we have been able to overcome challenges thanks to our efforts to mobilize and revitalize the country's capabilities. We have reached a projected growth rate of 4.2 percent in the national economy, increased our foreign reserves to USD 70 billion, achieved a domestic income of USD 260 billion, and attained unprecedented figures in foreign exports, with our non-oil exports nearing the USD 7 billion mark.

These positive results reflect our strong will to win the strategic options we have adopted, which we view as the concretization of our commitments on the ground. The positive indicators recorded in many sectors allow us to say today with complete confidence that the reform train is moving in the right direction towards developing the national economy, diversifying its resources, and integrating into global value chains."

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