Import licensing system to be cancelled in 2018, announces Benmerradi

ALGIERS-The import licensing system, in force since 2016, wil be cancelled in 2018, announced Trade Minister Mohamed Benmerradi.     The import licensing system “showed its limits,” said the minister. As for the reasons of behind this decision, Benmerradi said that the import licensing system “showed its limits. It is a bureaucratic system that lacks transparency” and sometimes causes supply problems.” Speaking about car imports, which are also concerned by this measure as from 2018, Benmerradi stressed that the quantitative import contingents would be reinstated “if need be.” Measures to regulate foreign trade will be taken in 2018 in order to protect national production and avoid

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Quasi-general rise in import prices over first 9 months of 2017

Quasi-general rise in import prices over first 9 months of 2017 ALGIERS- Algeria’s imports price of goods experienced an average increase of 5% over the first nine months of 2017 compared to the same period of 2016, the National Statistics Office (ONS) told APS.   

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Algeria-France: Shared willingness to strengthen economic, security relations

ALGIERS- Algeria and France want to strengthen their relations in terms of economic and security relations, said Wednesday in Algiers French President Emmanuel Macron, on friendship and working visit to Algeria.     “We have broached several bilateral issues, notably the joint willingness to strengthen the economic ties, as well as issues that will be discussed in the 4th Algerian-French High-Level Intergovernmental Committee (CIHN)” which will be held Thursday, in Paris, under the co-chairmanship of two Prime Ministers Ahmed Ouyahia and Edouard Philippe, said Macron following his talks with President of the Republic Abdelaziz Bouteflika. He also expressed his “hope to develop projects in

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