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September 22, 2025 | 1 day ago

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IATF 2025: Rezig demands close monitoring of contracts signed

On Sunday in Algiers, following the IATF 2025, Rezig demanded close monitoring of contracts signed during the event.

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The Minister of Foreign Trade, Kamel Rezig, has ordered close monitoring of Algerian companies that signed contracts at the Intra-African Trade Fair (IATF 2025) to ensure their sustainable establishment in foreign markets. He emphasizes the need for concrete support, including customs facilities, access to financing, and logistical support. In this context, the government plans to create two new structures—the Algerian Import Authority and the Export Authority—to replace ALGEX, which is considered ineffective. These entities will be tasked with strategically managing foreign trade. This reform is part of a broader policy aimed at correcting trade imbalances and diversifying exports, particularly in the agri-food, pharmaceutical, and construction materials sectors. The ministry is also preparing a provisional programme to anticipate domestic market needs more effectively and reduce administrative delays.
Regarding imports, priority will be given to strategic goods, while supporting local industries that are capable of replacing certain imported products. Algeria's participation in international trade fairs has been deemed positive, with regional contracts signed at the IATF in Algiers. Finally, the Special Export Promotion Fund continues to support businesses by covering part of the costs associated with logistics and prospecting, thereby facilitating their access to foreign markets.



September 22, 2025 | algeria-logo

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