11, 1974. President Chedli Bendjedid came for a State Visit from April 16–22, 1985. President Abdelaziz Bouteflika visited July 11–14, 2001, November 5, 2001, and June 9–10, 2004. Prime Minister Abdelmalek Sellal attended the U.S.-Africa Leaders Summit on August 5–6, 2016. Trade In 2006, U.S. direct investment in Algeria totaled $5.3 billion, mostly in the petroleum sector, which U.S. companies dominate. American companies are active in the banking and finance sectors, as well as in services, pharmaceuticals, medical facilities, telecommunications, aviation, seawater desalination, energy production, and information technology. Algeria is the United States' 3rd-largest market in the Middle East/North African region. U.S. exports to Algeria totaled $1.2 billion in 2005, an increase of more than 50% since 2003. U.S. imports from Algeria grew from $4.7 billion in 2002 to $10.8 billion in 2005, primarily in oil and liquefied natural gas. In March 2004, President Bush designated Algeria a beneficiary country for duty-free treatment under the Generalized System of Preferences. In July 2001, the United States and Algeria signed a Trade and Investment Framework Agreement, which established common principles on which the economic relationship is founded and forms a platform for negotiating a bilateral investment treaty and a free-trade agreement. The two governments meet on a regular basis in order to discuss trade and investment policies and opportunities, as well as to enhance their economic relationship. Within the framework of the U.S.-North African Economic Partnership, the United States provided about $1 million in technical assistance to Algeria in 2003. This program supported and encouraged Algeria's economic reform program and included support for World Trade Organization accession negotiations, debt management, and improving the investment climate. In 2003, the U.S.-North African Economic Partnership programs were rolled over into Middle East Partnership Initiative activities, which provide funding for political and economic development programs in Algeria. Military As of 2007, cooperation between the Algerian and U.S. militaries continued to grow. Exchanges between both sides are frequent, and Algeria has hosted senior U.S. military officials. In May 2005, the United States and Algeria conducted their first formal joint military dialogue in Washington, DC; the second joint military dialogue took place in Algiers in November 2006. The NATO Supreme Allied Commander, Europe and Commander, U.S. European Command, General James L. Jones visited Algeria in June and August 2005, and then-Secretary of Defense Donald Rumsfeld visited Algeria in February 2006. The United States and Algeria have also conducted