New measures on imports and exports in Algeria

New measures have been enacted in Algeria in the foreign trade sector. They concern the establishment of new regulatory bodies, the dissolution of ALGEX, and the introduction of new obligations relating to forecast programs as well as to the importation of goods and services.

Key points:

Establishment of two new entities respectively dedicated to imports and exports.

Dissolution of ALGEX, with the transfer of its assets and staff to the Algerian Export Authority.

Mandatory submission of an import forecast program for the second semester of 2025 (for own operational needs), duly endorsed by the Ministry of Foreign Trade, as a prerequisite for any banking domiciliation and the opening of letters of credit.

Prior authorization now required for any importation of services.

Obligation to domicile the import forecast program for the second semester of 2025 with a single bank (except for large enterprises, subject to prior notification of the Ministry).

Eligibility for goods imports limited to companies engaged in production or resale in the same condition, to the express exclusion of service providers.

For more details, read the full version of the newsletter: HERE