3 Hrs
Source:
النهار أونلاين
Source: النهار أونلاين
3 Hrsالنهار أونلاين
Source: النهار أونلاين
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The Algerian government has identified seven shortcomings that constrain the growth of non-hydrocarbon exports: weak transport and port infrastructure, high shipping costs, and complex customs and tax procedures; limited bank financing and difficulties obtaining letters of credit and guarantees; exports concentrated in low-value-added products; the economy’s vulnerability to fluctuations in oil and gas prices; reliance on imported materials for manufacturing; low productivity, limited use of technology, and a weak industrial base; and the limited export potential of traditional industries because they fail to meet quality standards and market requirements. The government believes these factors increase production and export costs, weaken the competitiveness of Algerian products, and reflect a single-sector economic structure and a lack of integrated development strategies.
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