The Bank of Algeria has begun tightening control measures on import operations by imposing a new requirement that obliges economic operators to carry out bank localization before shipping goods from foreign suppliers, in a move aimed at reducing any violations or illegal financial transfers. According to a directive numbered 01/2026 issued on May 14, 2026, by the Bank of Algeria, which was reviewed by 'Echorouk', all import operations for goods are now subject to a new strict procedure related to prior bank localization before shipping goods from foreign suppliers. The directive issued by the General Directorate of Currency at the Bank of Algeria aims to enhance control over foreign trade operations and track financial flows...
Algeria ranked first among naphtha suppliers to the Republic of Korea in the first half of 2026, with a share of over 17 percent of the country's imports, according to data from the Korea International Trade Association (KITA).
Algeria ranked first among naphtha suppliers to the Republic of Korea in the first half of 2026, with a share of over 17 percent of the country's imports, according to data from the Korea International Trade Association (KITA).
The declaration of social insurance interests then disappearing in three months and returning at the beginning of July coincided with the period of processing import files, including workers, capacities, and demand size... All data became comparable. Sources from the foreign trade sector revealed striking numerical indicators that appeared during the analysis of data from some companies involved in import files, most notably the registration of workers with social security services during the period from January to March 2026, before the declarations of workers completely disappeared during April, May, and June, then returned again starting from July and continued until the end of September, coinciding with the period known for the submission and study of program files.
News Disclaimer: Articles are curated from third-party sources for informational purposes. We do not verify or endorse the accuracy of third-party content.