The African free market, which will enter into force in July 2020, will allow the absorption of unemployment in Algeria, the availability of hard currency, and will revitalize the activity of importers and exporters, Chairman of the Algerian Federation of Import, Export and International Trade, Mohamed Hassani, said.
“Awareness-raising on African trade, through free trade between countries, would prepare investors, importers, and exporters to make profits by raising tax burdens”.
“Algeria will become the gateway to African trade and has the luck, because it is surrounded by seven African countries, and it must work hard to activate this free market, especially since so far it has achieved only $ 1.5 billion of trade to Africa, where only 90% of this figure was achieved with four or five African countries, noting that the continent includes 55 countries, which means that 50 African countries do not deal with Algeria in the field of trade and economy”.
For his part, the Secretary-General of the Union of Algerian Traders and Craftsmen, Hezzab Benchohra, said during his intervention, in a sensitization meeting on the African free market, entitled “Organization of Continental Free Trade and the role of trade unions in the development of the economy”, at the Higher School of Social Security in Ben Aknoun; “The meeting is an opportunity for reflection and discussion, consultation and constructive dialogue between the various interlocutors and actors in order to identify the common elements and develop action plans and strategy for the development of the national economy and support in all the relevant sectors, and come up with a road map for the elaboration of ideas and recommendations”.
“The unification of visions among investors, traders, importers, exporters and businessmen, through the development of common perceptions and through the study of the difficulties that must be overcome between African countries with serious accompaniment and coordination with all partners to achieve the State’s endeavor in creating jobs and alternative wealth outside hydrocarbons, starts with the syndical movement and its role in supporting and developing the national economy and marketing, and promoting the local product with the determination of the free trade area of the African continent, with the proposal to establish the African Union of Artisan Traders led by Algeria as a syndical pole and because of its strength of proposal”.
Hezzab Benchahra appealed to the Minister of Commerce to support and embody the idea of the African Union and present it to the representatives of African countries at the seminar that will be held on October,7.