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Algeria, Africa’s largest natural gas exporter, is making the most of a new era in great-power rivalry and an ongoing energy crisis. Having officially applied in November 2022 to join the BRICS group of emerging economies (Brazil, Russia, India, China, and South Africa), Algerian President Abdelmadjid Tebboune’s administration signed up shortly after to extend Belt and Road Initiative projects with China on infrastructure, energy, and space exploration.
Now a vital gas supplier to Europe since Russia’s invasion of Ukraine, Algeria’s windfall profits from energy exports exceeded $50 billion last year, up from $34 billion in 2021 and just $20 billion in 2020. But it has found itself a target of Washington’s demands that allies cut economic ties with Russia regardless of their own sovereign interests.
China has been the main exporter to Algeria since 2013, displacing former colonial power France, and the pair signed a second five-year strategic cooperation pact earlier in November. Meanwhile, Russia supplies around 80 percent of Algeria’s weapons, making Algeria Russia’s third-largest arms importer, after India and China. Algiers and Moscow held joint military exercises near the Moroccan border in November.Status | Discussion | Started by | Last post | Replies | Actions |
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