VOL.XXXIXNo.65/66

23/30-December-1996ALGERIA

CanadaExtends Credit Facilities To Algeria Under an agreement signed on 15 December, Canada willprovide Algeria with a total of $170mn - a $100mn loan to theAlgerian Development Bank and a $70mn credit line to Algeria's oil and gascompany, Sonatrach. The two countries also expressed theirintention to cooperate in trade, investments andtechnology.