Import/export, trade agreements, customs, and international commerce
Oil prices stabilized this Wednesday, with Brent crude futures rising by 23 cents, or 0.3 percent, to reach $69.03 per barrel. West Texas Intermediate crude increased by 23 cents, or 0.4 percent, to record $64.19.
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After nearly reaching 70 dollars per barrel the day before, oil prices slightly retreated yesterday. The reason
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Algeria - The National Maritime Transport Company for Passengers announced on Tuesday in a statement that two maritime trips scheduled for the end of this week between Skikda and Marseille have been postponed due to the anticipated bad weather conditions.
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Algeria - The Ministry of Foreign Trade and Export Promotion announced on Tuesday in a statement the opening of registration for Algerian operators active in the export sector, particularly in agriculture and food industries, to participate in the International Food and Beverage Industries Exhibition, scheduled to be held in the British capital London from March 30 to April 1.
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Economy of Algeria news
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Ports operate 7 days a week and 24 hours a day thanks to intensive coordination with customs and security, treatment of ship wastewater, and electrification of ports in accordance with the international agreement to prevent pollution 'MARPOL'. Following the recent measures taken by the Ministry of Transport, the port service group 'CERPOR', in coordination with Algerian customs and security services, and under the direct supervision of President Abdelmadjid Tebboune's instructions to operate ports 7 days a week and 24 hours a day, significant progress has been made in improving the efficiency of Algerian ports, where the duration of ships' stay in ports has been reduced to 5 days, and in some cases to 3 days. The duration for the clearance of goods inside containers, including cars and other goods, has also been reduced from 17...
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Local fabric factories... Negotiations with 'GITEX' and 7 branches to explore partnership opportunities. Indian Ambassador: 'The Algerian market is emerging... you should invest in it as it is very promising.' Algerian businessmen and public industrial groups, along with Indian company owners, opened serious negotiations on the sidelines of the Algerian-Indian business forum to discuss the possibility of extensive investment in Algeria, particularly in the automotive, textile, and engineering sectors, while exploring opportunities to establish local industrial projects that produce components for car engines and spare parts, as well as fabrics and ready-made clothing, with the aim of enhancing trade cooperation and expanding exports locally and internationally. The Indian Ambassador to Algeria, Dr. Swati Kanla Kolkerani, expressed during a welcoming speech at a dinner organized...
echoroukonline.comOran - The first edition of the International Salon 'Mechanics of Algeria', dedicated to the automotive industry, subcontracting, and spare parts, was inaugurated today, Tuesday, at the 'Mohamed Ben Ahmed' conference center in Oran, with the participation of 100 exhibitors.
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The Algerian Economic Renewal Council (CREA) and the International Finance Corporation (IFC) announced the establishment of a joint committee aimed at creating a roadmap for economic objectives and monitoring them twice a year, as part of efforts to enhance the presence of Algerian companies internationally. The decision came during a meeting between Kamel Moula and members of CREA with an IFC delegation led by Ethiope Tavares, Vice President of the institution for the Africa region, which is the largest global development institution and a member of the World Bank Group. Read the full content on Echourouk Online.
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Gold prices fell in trading on Tuesday, but remained stable above $5000 per ounce as the US dollar strengthened in the markets.
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Algeria continues to strengthen its position as a major and reliable supplier of natural gas and liquefied natural gas (LNG) to the European continent, as Algeria is expected to receive the European Commissioner for Energy, Dan Jørgensen, in the coming days, according to the Italian news agency 'Nova'. The European Union aims, through this step, to enhance its energy partnership with Algeria and elevate it to advanced levels, noting that the Union has exempted, in recent days, Algerian, Qatari, and American gas from monitoring and auditing policies. Read the full content on Echourouk Online.
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The Ministry of Foreign Trade and Export Promotion announced that Algeria will participate in the International Food Fair 'Alimentaria 2026' in Barcelona, Spain, from March 23 to 26, 2026, through a special pavilion showcasing the country's capabilities in the agriculture and food industries. According to a statement from the ministry, the fair is a leading international platform that brings together operators from around the world to exchange knowledge and experiences on sector developments and create business opportunities and partnerships among participants in the fields of food industries, culinary arts, and hospitality. Read the full content on Echourouk Online.
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