Trade & Exports

Import/export, trade agreements, customs, and international commerce

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OPEC+ Considers Increasing Oil Production Amid Hormuz Strait Crisis

OPEC+ Considers Increasing Oil Production Amid Hormuz Strait Crisis

Four sources from the OPEC+ alliance, which includes the Organization of the Petroleum Exporting Countries and its allies, reported that the alliance may approve an increase in oil production today, Sunday, but it will likely be 'theoretical' only, as major member countries are unable to raise production due to the American-Zionist war on Iran, according to Reuters. Reuters noted that the conflict has effectively closed the Hormuz Strait since the end of February, which is the most important global oil export route, leading to the largest supply disruption ever, with global production declining by between 12 and 15 million barrels per day, or about 15% of global supplies. Read the full content on Echourouk Online.

Apr 5, 2026echoroukonline.com
GITEX prepares to establish partnerships with international brands and enhance the presence of Algerian clothing

GITEX prepares to establish partnerships with international brands and enhance the presence of Algerian clothing

The holding company for textiles and leather, GITEX, is preparing to sign contracts with international brands in the field of clothing and footwear production locally, aiming to enhance the position of the public group and support the competitiveness of national products at both regional and international levels, according to CEO Tawfik Barkani. Barkani explained in a statement to 'APS' that the group has begun exploration and negotiation operations with major brands and international operators in the fields of textiles, clothing, and leather products, in order to sign manufacturing contracts that meet international standards, allowing for the integration of national production units into global value chains for textiles, ready-made clothing, and leather. Read the full content on Echourouk Online...

Apr 5, 2026echoroukonline.com
OPEC+: Algeria and 7 countries decide to increase production by 206,000 barrels per day in May

OPEC+: Algeria and 7 countries decide to increase production by 206,000 barrels per day in May

Algeria and seven other countries in the OPEC+ alliance decided this Sunday to voluntarily increase their production by 206,000 barrels per day in May, reaffirming their commitment to continue close coordination among themselves, according to a statement from the Ministry of Energy and Mines. This decision came during a coordinating meeting held via video conferencing, attended by Algeria and seven other countries in the OPEC+ alliance involved in voluntary cuts, namely Saudi Arabia, the UAE, Iraq, Kazakhstan, Kuwait, Oman, and Russia.

Apr 5, 2026radioalgerie.dz
APS | صناعة، طاقة ومناجم

Preparation for Launching Partnerships with International Brands

Algeria - The holding company for textiles and leather 'GITEX' intends to sign contracts with international brands in the field of clothing and footwear locally, in order to strengthen the position of the public group and thus the national product at both regional and international levels, according to what was stated by the CEO of the public group, Toufik Barkani.

Apr 4, 2026aps.dz