Algeria abolishes import license system

Algerian trade minister Mohamed Benmeradi has announced the abolition of the import license system in the country as of January 1, 2018, for all products, except for imports of vehicles.  It was declared that the system “has shown its limits”, it was a bureaucratic system that “lacked transparency”, and sometimes it has caused supply problems, leading to price hikes in the Algerian market. The aim of the license system was... Read More