Algeria enhances foreign trade oversight
The Algerian government has approved regulatory amendments to increase oversight of foreign trade, including assigning the Minister of Foreign Trade the responsibility of monitoring the movement of goods and services through ports and free zones. The aim is to combat dumping, unfair subsidies, and inflated invoicing. Algeria's foreign trade exceeds $10 billion annually, and these measures emphasize better coordination of policies and improved effectiveness in monitoring imports and exports, with a focus on fighting financial manipulation and achieving a balance between protecting the economy and facilitating trade.
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