
Trump Escalates Trade War Against Europe Over Greenland Case - Iqtissad Al Balad
DZD economy aliqtissad dz Algeria economy news
Import/export, trade agreements, customs, and international commerce

DZD economy aliqtissad dz Algeria economy news

DZD economy aliqtissad dz Algeria economy news

The economy of Algeria news

Economy Dz aliqtissad dz Algeria economy news

The European Union and the Mercosur trade bloc in Latin America are signing a historic free trade agreement today, Saturday, after nearly 25 years of negotiations. European Commission President Ursula von der Leyen and European Council President Antonio Costa are set to attend the signing ceremony today in Asunción, the capital of Paraguay. Costa stated before his trip: 'The deal will bring real benefits ...'

Venezuela's interim president, Delcy Rodríguez, announced that Venezuela signed today, Saturday, for the first time in its history, a contract for the export of liquefied natural gas. Rodríguez stated during her speech before the National Council for Productive Economy: “Today, for the first time in our history, a contract has been signed for the marketing of liquefied natural gas. The first molecule of Venezuelan gas will head for export. We have announced this and now we fulfill our commitment.” She added …

China and Canada announced that they have reached a broad trade agreement to reduce tariffs on Canadian and Chinese products, in an effort by both countries to improve relations and diversify trade partnerships away from the United States, which is engaged in a trade war against them characterized by increased tariff levels. During a press conference held by Canadian Prime Minister Mark Carney and Chinese President Xi Jinping, Carney expressed his expectation that Beijing would reduce tariffs on Canadian canola oil by March 1, in exchange for Canada reducing tariffs on 49,000 Chinese electric vehicles to 6%, compared to the current level estimated at 100%. Watch the...

450 national companies have joined the 'Dzaïr to Support Exporters' program aimed at accessing African markets, launched by the Economic Studies and Investment Development Foundation in early January 2025, in a move aimed at enhancing Algerian exports and solidifying their presence on the continent. The foundation's director, Hicham Saidi, explained to 'APS' that the program relies on a comprehensive support approach that begins with an initial diagnosis of the company's situation, followed by in-depth studies, and culminates in specialized training in export, logistics, and export chain management, enabling companies to effectively prepare for entering African markets. Read the full content on Echourouk Online.

Oil prices fell on Friday at settlement by more than 4 percent after five days of increases. Brent crude futures recorded a decline of 4.15 percent, reaching $63.76 per barrel at settlement. West Texas Intermediate crude futures also fell by 4.56 percent, to $59.19 per barrel at settlement.

Oran - The 'Dzaïr to Support Exporters' program to access African markets, launched by the Economic Studies and Investment Development Agency at the beginning of January 2025, has recorded the participation of 450 companies wishing to export their products, according to the director of the agency, Hicham Saidi.

During this period, tax and social security services are witnessing a noticeable influx from economic operators, as part of their efforts to update and settle their administrative and financial situations, coinciding with the submission of import estimation programs, through the declaration of new workers or the payment of previous taxes. In this context, the Ministry of Foreign Trade and Export Promotion has informed economic operators who submitted their import estimation programs, within the framework of management and/or equipment for the first half of the current year, of the necessity to ensure that their files are processed on the ministry's digital platform, after being endorsed by the relevant services. Quick responses to requests related to...

The first edition of the national exhibition for Algerian exported products 'SNEPAL' has concluded, organized by the Ministry of Foreign Trade and Export Promotion.