Algeria has asked the EU to put on hold a free trade agreement that was due to be signed this year as it drags its feet on customs reforms, an EU official said.
Days ahead of a final deadline, activation of a long-planned Algeria-EU trade deal risks unravelling as political and business leaders in the North African country warn it will undermine economic sovereignty.
Bangladesh and Algeria had agreed to ink an agreement to increase bilateral trade and economic cooperation, Commerce Minister Tipu Munshi said.
Algeria’s president has requested the country’s trade minister reassess a deal with the EU, ahead of a free trade agreement due to come into effect on 1 September.
Spanish contractor Ortiz Construcciones y Proyectos S.A. lost an investment treaty arbitration against Algeria brought before ICSID.
The Algeria-European trade deal opened the Algerian market to EU imports but hurt local farming and manufacturing sectors, Algerian government leaders said.
Algerian Minister of Trade Kamel Rezig announced a joint initiative with Libya to establish a free trade area.
Indonesia and Algeria have made a commitment to increase bilateral trade and investment.
Algeria and China have signed a memorandum of understanding on Beijing’s Belt and Road Initiative.
Le forum offre l’opportunité aux deux pays de réaffirmer leur liens dans le domaine du commerce et de l’investissement.
Japan intends to conclude new bilateral investment treaties with 13 countries, including Algeria and Morocco.
French oil major Total has filed a request for arbitration against Algeria for changing profit-sharing terms on oil and gas contracts in the mid-2000s
Le forum économique arabo-hongrois examinera les moyens de dynamiser les échanges dans plusieurs segments d’activités et d’élever le niveau des flux commerciaux
The Algeria-EU trade deal has not had the desired effect of promoting non-oil exports and attracting foreign investment, Trade Minister Amara Benyounes said.
The United States wants to open discussions with Algeria on the Trade and Investment Framework Agreement (TIFA) signed by the two countries in 2001, said US Department of Commerce senior commercial officer for Morocco, Algeria and Tunisia, Douglas Wallace.
Algeria has won a trade concession from the European Union, according to which the EU-Algeria free trade agreement should be fully phased-in by 2020, and not by 2017.
L’Algérie a obtenu un accord de principe pour que la zone de libre-échange avec l’Union européenne entre en vigueur en 2020 au lieu de 2017 comme prévu initialement
Un accord de libre-échange entre l’Algérie et l’Iran dans un proche avenir ? L’information rapportée par la Fars News Agency reste imprécise et évoque un cadre plus général d’un accord de libre-échange entre l’Iran et les pays « africains musulmans ».
Iran and Algeria are discussing signing a free trade agreement in the future, Mehr News Agency reported.
Algeria is dissatisfied with its relations with the European Union (EU), claiming these only secure EU gas imports and EU consumer goods exports. But a deepening of ties is now being prepared.