Iran’s VP Seeking Ways to Stop Plummeting Oil Prices in Algeria Visit


TEHRAN (Tasnim) - Iranian First Vice-President Eshaq Jahangiri, who travelled to Algeria on Wednesday, said he is going to negotiate with the North African country’s officials to avert further slump in oil prices.

“We should negotiate with the Algerian officials to find ways to stop a severe decline in oil prices,” Jahangiri told reporters in Tehran, before leaving for the oil-producing African country.

He also unveiled plans for holding the second session of Iran-Algeria high commission for economic cooperation during his two-day stay in Algiers.

The Iranian vice president is scheduled to meet with Algerian President Abdelaziz Bouteflika and Prime Minister Abdelmalek Sellal to exchange views on expansion of bilateral ties and on the latest regional and international developments.

Jahangiri will also hold talks with the heads of Algeria’s Senate and National Assembly.