Foreign Trade Boost: President Tebboune Chairs High Control Commission Meeting

BY: Hana Saada

ALGIERS- The President of the Republic Abdelmadjid Tebboune, on Tuesday, chaired the meeting of the High Commission for the Control of Customs Declarations and Commercial Transactions. This significant move reaffirms the nation’s commitment to fostering an open and transparent foreign trade environment, aimed at accelerating economic growth and promoting fair trade practices.

The meeting, held at the presidential palace, saw the participation of key stakeholders from various government departments, including trade and finance officials, representatives from the private sector, and experts in international commerce. President Tebboune underlined the importance of optimizing the customs processes and commercial transactions to fortify Algeria’s position in the global trade arena.

According to a press release issued by the Presidency of the Republic, the primary objectives of the High Commission meeting were to assess the current state of customs operations, identify potential bottlenecks, and devise effective strategies to streamline procedures. The commission also discussed the implementation of cutting-edge technology and digital solutions to modernize customs practices and enhance efficiency.

The High Commission’s meeting comes at a crucial juncture when countries worldwide are reevaluating their trade policies and recalibrating economic strategies to recover from the impacts of the global pandemic. By taking proactive measures to improve foreign trade practices, Algeria aims to seize emerging opportunities and bolster its position as a major player in the international trade landscape.