Antalya, Turkey – In a significant diplomatic move on the sidelines of the Antalya Diplomacy Forum (April 18, 2026), Algerian Foreign Minister Ahmed Attaf and his Russian counterpart Sergey Lavrov held substantive talks to accelerate the “Strategic Partnership” between the two nations. According to reports from Russia’s Pivot to Asia, the discussions focused on regional stability in the Sahel and Maghreb, underpinned by a rapidly growing economic alliance.
Algerian Foreign Minister #Ahmed_Attaf 🇩🇿held talks with Russian Foreign Minister #Sergey_Lavrov.🇷🇺
— Algeria Gate -English (@algatedzEng) April 18, 2026
The two sides discussed practical issues aimed at strengthening the strategic partnership between Russia and #Algeria. pic.twitter.com/e6lmOw0r0n
Economic Momentum: Breaking the $10 Billion Barrier
The economic relationship between Algiers and Moscow has moved beyond traditional defense cooperation into a diversified trade powerhouse. According to Mohammed Touil, a representative of the Algerian-Russian parliamentary group, bilateral trade reached US$2.5 billion in late 2025.
Both nations have now set a strategic roadmap to quadruple this figure, aiming for US$10 billion in annual trade by 2030.
Algeria’s 2026 Economic Profile (Key Data)
As documented by Russia’s Pivot to Asia using data from Statista and official government sources, Algeria enters 2026 with a robust economic outlook:
- GDP (PPP): US$826.14 billion.
- GDP per Capita (PPP): Approximately US$17,770.
- Projected Growth: 3.8% for the 2026 fiscal year.
- Population: 46.81 million.
Pivoting Towards the Global South: BRICS and SCO
The report highlights Algeria’s successful integration into eastern economic blocs, marking a shift in global supply chain dynamics. Algeria is now officially:
- A member of the BRICS New Development Bank (NDB).
- A recognized BRICS Partner State.
- A Dialogue Partner of the Shanghai Cooperation Organisation (SCO).
Diversification and Strategic Reserves
While the hydrocarbon sector remains a cornerstone—accounting for 60% of government revenue and 87.7% of export earnings—Algeria is leveraging Russian expertise to boost its mining and industrial sectors.
The Bled El Hadba phosphate mine, with its massive 800 million-tonne reserve, is a focal point for joint ventures in fertilizers and petrochemicals. Furthermore, the two countries are exploring joint energy projects across the African continent, positioning Algeria as a gateway for Russian investment in the AfCFTA (African Continental Free Trade Area).





