Algeria to end import licensing system in January 2018

Algeria will end its import licensing system for all products, including steel rebar, in January 2018, according to domestic media reports on Tuesday December 19.

The import licensing system, introduced in January 2016, was described as “lacking transparency” and “bureaucratic” by Algerian Minister of Commerce Mohamed Benmeradi at a meeting on Tuesday, according to reports.

Algeria set a maximum import quota of 2 million tonnes of rebar in 2016, while the rebar import allowance...

Published

Viral Shah

December 19, 2017

22:34 GMT

London