Algerian import licences target cars, cement, rebars

Import licences in Algeria will first target three products, passenger cars, cement and concrete reinforcing bars, due to their significant financial weight on imports. Concrete reinforcing bar imports cost US$1.8 billion (€1.66 billion) in 2014 and $1.20 billion in 2015, while passenger car imports represented $4.80 billion in 2014 and $3.9 billion in 2015. The licence imports will be implemented in such a way as to avoid market disruptions and gradually replace imported products with local products.
January 7, 2016 Read time: 1 min

Import licences in Algeria will first target three products, passenger cars, cement and concrete reinforcing bars, due to their significant financial weight on imports.

Concrete reinforcing bar imports cost US$1.8 billion (€1.66 billion) in 2014 and $1.20 billion in 2015, while passenger car imports represented $4.80 billion in 2014 and $3.9 billion in 2015.

The licence imports will be implemented in such a way as to avoid market disruptions and gradually replace imported products with local products.

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