French Trade Operators Receive Hard Currency Daily For Thousands Of Containers Held In Algerian Ports

date 2017/08/09 views 406 comments 0
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icon-writer Imène Kimouche /*/ English Version: Med.B.

Dozens of protesting importers converged on Tuesday on the Ministry of Trade building in Algiers because of the seizure of their containers full of goods, including cosmetics, dried fruits, perfumes, chocolate, biscuits, etc… but eventually.

received assurances from officials at the Trade Ministry that this pending issue will be settled as soon as possible.

In an encounter with the disgruntled importers, the officials pledged that a working cell is closely examining their files and that all those who present their documents proving that they will unload their goods on the ships before July 9, on the first day of freezing the relevant bank settlement, will be able to see the release of their containers any time soon.

According to “Echorouk” sources, thousands of containers and ships loaded with goods lay in the wet and dry ports of Algeria, awaiting permission to be released by the Ministry of Trade. 

The latter includes the 36 import-prohibited items from bank settlements according to 3 notices of the Association of Banks and Financial Institutions dated back to 18 July and 3 August 2017.

The minister of Trade, Ahmed Saci, ordered the release of the goods at the earliest time. This followed bulk complaints filed by importers who lose billions owing to the waste of time, due to the expensive costs of container and ship staying for long in the dry ports.

The same sources confirmed that the importers asked about the feasibility of holding goods that had been shipped before the issuance of the bank settlement ban.

This comes at a time when a source from the trade sector comments that the delay in the release of these containers is not justified. All these are money transferred in hard currency, according to the French trade operators managing the dry ports in Algeria, with the lost of millions of dollars spent on settling these goods which are liable to be destroyed or burnt, if they are not released as early as possible. 

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