ALGERIA-PAYMENT OF IMPORT FEES

According to information made by the Republic of Turkey General Directorate of the Ministry of Commerce Export; It is stated that payment methods against letters of credit and documents are currently used in exports to Algeria and the country, which has had a foreign trade deficit in recent years, has implemented practices aimed at reducing or restricting its imports.
With the amendment to the Algerian Finance Law, it is stated that the import fee payments, except for strategic products, food products for mass consumption, products that are urgent for the national economy, and products imported by the State or state-owned enterprises, must be made within 45 days from the date of shipment .
12.01.2021