lundi 18 dcembre 2017 21:41:44

Trade : Call for raising local integration rate

PUBLISHED : 28-07-2017 | 14:44

Trade Minister Ahmed Abdelhafid Saci called the national producers and exporters of cosmetics to raise the local integration rate of the product so to preserve the subsidized products, protect the national economy and the reserve exchanges. In the wake of  growing tension in the global market that still hampers imports and exports goods  new figures have popped up in the way to show a likely balanced  trading marked by ups and down of  goods imports. According to statement issued by Trade ministry Algeria's food import bill totalled US$4.44 billion in the first half of 2017 against US$4.05 billion during the same period a year earlier, the Algerian Customs' National Centre of Datat Processing and Statistics (CNIS) told APS. Algeria's trade balance showed a deficit of US$4.84 billion in the first half of 2017 against US$10.57 billion during the same period in 2016, down by 54.15%, the Algerian Customs' National Centre of Data Processing and Statistics (CNIS) told APS.

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