Le suivi personnel du dossier par le Président de la République témoigne d’une volonté affirmée d’établir des règles de transparence.

Date:



le suivi personnel du dossier par le président de la République traduit une forte volonté d’instaurer les règles de transparence

Title: Enhancing Algeria’s Foreign Trade Governance: A New Era of Transparency

Introduction

In a significant political move, Algerian President Abdelmadjid Tebboune has taken personal charge of establishing two new institutions aimed at organizing and managing import and export operations. This decision, announced during a forthcoming restricted ministerial meeting, signals a strong political will to ensure transparency in Algeria’s foreign trade.

Strategic Shift in Governance

Experts in the economy have emphasized that the creation of these institutions represents a profound strategic change in foreign trade governance. The initiative seeks to break away from previous practices by providing a detailed analysis of existing imbalances in the trade system. President Tebboune’s personal involvement underscores the importance of this endeavor and reflects a commitment to embedding rules of transparency in foreign commerce.

Dr. Ishak Kherchi, the Director of the Higher School of Commerce, remarked on the long-term strategic implications of this decision. He highlighted the foundations being laid for a legal system that aligns with international standards while meeting governance requirements for decades to come. The new entities will support domestic production and regulate imports based on the economic priorities of the nation.

Protecting National Industry

The establishment of these institutions is seen as a decisive step towards safeguarding Algerian products and the industrial fabric of the country. It aims to achieve equilibrium in the trade balance and reduce the influx of unnecessary and random imports. This control is essential to prevent low-quality products from entering the local market, fostering fair competition among legitimate operators.

Dr. Kherchi noted that these reforms have the potential to enhance trade balance performance and invigorate the investment climate. New mechanisms such as "group purchasing cooperatives" will be implemented, alongside efforts to integrate various entities and sectors in a participative approach. This collaboration, driven by accurate data, will facilitate smarter oversight.

A Revolutionary Approach

Economist Abdelkader Slimani praised the President’s initiative as a "revolutionary organizational" reform. He indicated that the personal oversight from the presidency ensures a robust framework for establishing a transparent regulatory system for exports and imports. This move also lays the groundwork for a new phase in strengthening economic sovereignty.

Slimani posited that effective implementation of these reforms could bolster local integration rates and expand the import of raw materials and unavailable technological inputs. This strategic direction aligns with the government’s goal of diversifying the economy away from hydrocarbons.

Need for a Dynamic Legal Framework

An agile and adaptable legal framework is critical for the success of this initiative. Slimani called for the establishment of a unified digital platform that would encompass all import and export procedures and documents. Such a system would enable operators to track their cases seamlessly and remain interconnected with relevant departments.

Future Developments

During a recent Council of Ministers meeting, President Tebboune mandated the enhancement of legal texts associated with the formulation of the two national entities responsible for imports and exports. The introduction of precise operating parameters for both importers and exporters will adhere to Algeria’s specific production needs while establishing exclusive Algerian standards in the field.

Conclusion

In conclusion, President Tebboune’s commitment to overseeing the creation of these institutions not only paves the way for a more transparent trade environment but also marks a crucial transition in Algeria’s economic governance. By addressing existing deficiencies and promoting a sustainable framework for trade, these reforms hold the promise of enhancing national economic resilience and integrity in the long term. The collective efforts from the government, economists, and industry stakeholders will be vital in realizing these ambitious objectives for Algeria’s future in global commerce.

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related