Business in Algeria, Algiers

The objectives of the subject “Foreign Trade and Business in Algeria” are the following:

1. To analyse the Algerian Economy and Foreign Trade (Import, Export, FDI)
2. To know the business opportunities in Algeria
3. To explore the Algerian trade relations with the country of the student
4. To know the Algerian Trade Agreements
5. To examine the profile of the Algerian businesspeople and companies
6. To develop a business plan for the Algerian Market

Algerian Preferential Access and Free Trade Agreements

1. Algeria and the Maghrebian Economic Area
2. Arab Maghreb Union (AMU)
3. Greater Arab Free-Trade Area (GAFTA)
4. African Continental Free-Trade Area (AfCFTA)
5. Islamic Trade Preferential System (TPS-OIC)
6. Arab Bank for Economic Development in Africa (BADEA)
7. Global System of Trade Preferences among Developing Countries (GSTP)
8. Arab Development Funds
9. OPEC Fund for International Development (OFID)
10. European Union-Algeria
    1. European Neighbourhood Policy
    2. Euro-Mediterranean Partnership
    3. Association Agreement European Union (EU)-Algeria

Trade Facilitation Programs

1. Algeria is not a member of the World Trade Organisation (WTO) (in process of accession)
2. International Bureau of Containers and Intermodal Transport (BIC)
3. International Civil Aviation Organisation (ICAO, Chicago Convention)
4. International Maritime Organisation (IMO)
   1. International Convention for Safe Containers (CSC)
   2. Convention Relating to Temporary Admission (Istanbul Convention)
5. Customs Convention on Containers (CCC, UN)
6. TIR Convention (Road Transport, IRU)
7. Convention concerning International Carriage by Rail (COTIF)
8. Uniform Rules concerning the Contract of International Carriage of Goods by Rail (CIM, CIT)
9. Algeria is not a member of the
   1. World Customs Organisation (WCO)
      1. Revised Kyoto Convention (RKC)

Islamic Organisations

1. Economic and Social Commission for Western Asia (ESCWA)
2. Arab League (LAS)
3. Organisation of Islamic Cooperation (OIC)
   1. Standing Committee for Economic and Commercial Cooperation of the Organisation of Islamic Cooperation (COMCEC)
   2. Islamic Chamber of Commerce and Industry (ICCI)
   3. Islamic Centre for Development of Trade (ICDT)
   4. Statistical, Economic and Social Research and Training Centre for Islamic Countries (SESRIC)
4. Asia - Middle East Dialogue (AMED)
5. Summit of South America-Arab Countries (ASPA)
6. Afro-Arab Cooperation
7. Arab Bank for Economic Development in Africa (BADEA)
8. Arab Development Funds
9. OPEC Fund for International Development (OFID)

African Trade and Economic Organisations

1. Economic Commission for Africa (ECA)
2. African Union (AU)
   1. African Union Convention on Preventing and Combating Corruption
   2. African Union Development Agency (AUDA-NEPAD)
3. African Development Bank (AfDB)
4. Forum on China-Africa Cooperation
5. Africa-India Framework for Cooperation
6. Africa-BRICS (Brazil, Russia, India, China, South Africa)
7. Africa-Turkey Partnership
8. Africa-Asia Strategic Partnership (NAASP)
9. Africa-Korea Partnership
10. Africa-Japan Cooperation (TICAD)
11. Africa-South America Summit (ASA)

Global Organisations

1. World Bank (WB)
2. International Monetary Fund (IMF)
3. United Nations (UN)
   1. Conference on Trade and Development (UNCTAD)
   2. International Trade Centre (INTRACEN)
   3. World Intellectual Property Organisation (WIPO)

The People's Democratic Republic of Algeria.

Located on the south corner of the Mediterranean Sea, Algeria (Africa), part of the Great Arab Maghreb, is the:

1. Tenth biggest nation in the World
2. Second in Africa
3. First in the Mediterranean region.

More information about Algeria (EENI African Portal).

1. Capital of Algeria: Algiers
2. The largest cities in Algeria are Oran, Constantine, Annaba, Ghardaia, Tlemcen, Ouargla, Setif
3. Area of Algeria: 2,381,741 square kilometres
4. Population of Algeria: 42 million people
5. Algeria shares borders with Libya, Mauritania, Morocco, Niger, Mali, Tunisia, and the Western Sahara
6. Currency of Algeria: Algerian dinar (DZD)
7. Independence of Algeria: 1962 (France)
8. The official languages of Algeria are Arabic and Berber.
   1. French is widely used in business

Main religion in Algeria:

1. 99% of the Algerian population is Sunni Islam
2. Fiqh (Islamic Jurisprudence): Maliki school
3. In the secondary educational system; it is necessary to study the Sharia

Algeria belongs to the Maghrebian Economic Area (Islamic Civilisation and the African Civilisation).

Algerian Economy.

Algeria is an African frontier market.

1. Algiers is the first commercial and economic centre in Algeria and the only financial hub of the country
2. Algeria is not a member of the World Trade Organisation (WTO)
3. Algeria is one of the richest African Countries
4. Algeria has a huge natural resources, including the hydrocarbons
5. Algeria occupies the fifteenth place in petroleum reserve (45 billion tonnes petrol equivalent in proven reserves in petrol), eighteenth in production and thirteenth in exports
6. The refining capacity of Algeria can reach 22 million tonnes/year
7. Algeria is the third largest petrol manufacturer in Africa behind Nigeria and Libya; is the leading gas manufacturer (near 50% of the petroleum production in Africa)
8. Algeria has the first African company in the energy sector. The company Sonatrach handles electricity and gas international distribution
   1. Algeria accounts for 98% of exports by volume and 70% of tax revenues
9. The agricultural and services sectors recorded growth of 10% and 5.3% respectively
10. Ali Haddad is a Muslim Businessman of Algeria; he is the Director ETRHB Haddad (construction)
11. SAIDAL is an Algerian corporation whose main mission is to develop, produce and market pharmaceutical products