Page 6 - Mia Magazine
P. 6
news
Translated by LEZIAR AMIRA Commerce, “Bakhti Belaayab” and the and the concept of payment loan fol-
A new strategy breaks world presence of exporters and national, lowed by securing export loan to
export as the bank will enter the new cover the source and enable him to
Extension of the legal dead- to the extension of the legal dead- renew resources Dinars.
lines for the settlement of lines for the settlement of foreign SARAH BOUROUIBA
foreign currency from 180 to currency, and this new system came
360 days from in order to modernize the
Bank of Algeria extended legal dead- exchange and create a market of
lines for the settlement of foreign hard currency to facilitate the export
currency, which had a duration of process outside fuels
180 days to become the equivalent
of 360 days a year, and this is what -
announced by the Governor of the ers restore revenue coming from the
Bank of Algeria, “Mohamed Lokal” export of hard currency in Ajal does
during a meeting with a cell col- not exceed 180 days from the date
lected follow-up of the Ministry of of shipment of goods, and spend the
Commerce exports, Trade headed next new instruction introducing the
together with the Minister of concept of paying export cash value
Hundreds of agreements was signed, attending thanks to direct meetings During the Africa Forum for
the African Forum for Investment in winner to winner, saying, “The forum Investment and the business has been
Algeria was successful and did a good job in the signature of several agreements
Space for the development of part- along the lines of the agreement con-
nerships and consolidation of relations be able to import, having to be signed cluded by businessmen forum with (c
between the continent’s customers agreements with several African busi- 20) organization, which includes more
Of the main events in this month’s nessmen. “ than 1,500 enterprise and the other
African Forum for Investment and with the General Union of Chambers
business in Algeria, which was held Forum has sought throughout the - of Commerce and Industry and
from 3 to 5 December, the Conference three days to resurrect cooperation Agriculture the Libyan and the aim
Palace in Algiers, in the presence of 24 between the continent’s customers, of trade exchanges between the two
countries and more than 2,000 partici- and develop a new strategy for the countries.
pants and 200 African Local economic- cation of activities and transactions.
based trader.
where it is an important space meet
the experts and businessmen from the
continent, and knew this meeting, a
group of direct negotiations between
the Algerian companies and African
counterparts, it also reinforced the role
of Algeria leadership and ambition to
African economic development , tech-
nology and human being.
According to Mr. Ali Haddad, head of
the Heads of Institutions Forum, which
organized the event along with the
Foreign Ministry and the Ministry of
Industry and Mines, it was signed hun-
dreds of agreements with companies
06
Translated by LEZIAR AMIRA Commerce, “Bakhti Belaayab” and the and the concept of payment loan fol-
A new strategy breaks world presence of exporters and national, lowed by securing export loan to
export as the bank will enter the new cover the source and enable him to
Extension of the legal dead- to the extension of the legal dead- renew resources Dinars.
lines for the settlement of lines for the settlement of foreign SARAH BOUROUIBA
foreign currency from 180 to currency, and this new system came
360 days from in order to modernize the
Bank of Algeria extended legal dead- exchange and create a market of
lines for the settlement of foreign hard currency to facilitate the export
currency, which had a duration of process outside fuels
180 days to become the equivalent
of 360 days a year, and this is what -
announced by the Governor of the ers restore revenue coming from the
Bank of Algeria, “Mohamed Lokal” export of hard currency in Ajal does
during a meeting with a cell col- not exceed 180 days from the date
lected follow-up of the Ministry of of shipment of goods, and spend the
Commerce exports, Trade headed next new instruction introducing the
together with the Minister of concept of paying export cash value
Hundreds of agreements was signed, attending thanks to direct meetings During the Africa Forum for
the African Forum for Investment in winner to winner, saying, “The forum Investment and the business has been
Algeria was successful and did a good job in the signature of several agreements
Space for the development of part- along the lines of the agreement con-
nerships and consolidation of relations be able to import, having to be signed cluded by businessmen forum with (c
between the continent’s customers agreements with several African busi- 20) organization, which includes more
Of the main events in this month’s nessmen. “ than 1,500 enterprise and the other
African Forum for Investment and with the General Union of Chambers
business in Algeria, which was held Forum has sought throughout the - of Commerce and Industry and
from 3 to 5 December, the Conference three days to resurrect cooperation Agriculture the Libyan and the aim
Palace in Algiers, in the presence of 24 between the continent’s customers, of trade exchanges between the two
countries and more than 2,000 partici- and develop a new strategy for the countries.
pants and 200 African Local economic- cation of activities and transactions.
based trader.
where it is an important space meet
the experts and businessmen from the
continent, and knew this meeting, a
group of direct negotiations between
the Algerian companies and African
counterparts, it also reinforced the role
of Algeria leadership and ambition to
African economic development , tech-
nology and human being.
According to Mr. Ali Haddad, head of
the Heads of Institutions Forum, which
organized the event along with the
Foreign Ministry and the Ministry of
Industry and Mines, it was signed hun-
dreds of agreements with companies
06