4 October, 2022


France is sending to Algeria a large delegation made up of Prime Minister Elizabeth Borne, accompanied by 16 ministers of the French government. The delegation, which follows that of President Macron at the end of August, and includes the ministers of economy, interior, foreign affairs, […]
30 July, 2022

Spanish-Algerian relations: the chaos.

After the surprise publication, last Thursday 29/07/2022 by the Algerian “private” Banking Association (ABEF) of a note addressed to its associates announcing the end of the blockade to the domiciliation of payment documents of imports (and exports) from and to Spain, which had been established […]
29 July, 2022

End of the obligation to provide 120 % for 30 days, payments of imports for resale.

The Bank of Algeria sent last Thursday its instruction No. 02/2022, which suspends the obligation to provide 120% of the amount of import invoices for resale of goods, 30 days before the shipment of these, established in instruction No. 05-2017 of October 22. The rest […]
9 June, 2022

Suspension of direct debit of trade with Spain.

Through a note from the Professional Association of Algerian Banking and Financial Entities, commercial banks in that country are informed of the suspension of direct debit procedures for payments for international trade operations between Spain and Algeria. Although the body in question is not part […]
6 June, 2022

Suspension of the Treaty of Friendship between Spain and Algeria.

The official news agency APS, inform that Algerian’s government suspends the treaty of friendship, good-neighbourliness and cooperation with Spain, signed on 8 October 2002, in response to the radical change of the Spanish government in the Spanish position with regard to Western Sahara, favourable to […]