Illustrative image (Source: VNA) Algiers (VNA) – TheAlgerian government has issued a new import policy for 2018, under which morethan 850 products will be banned from entering the country, including those fromVietnam.
The banned goods include driedfruits, cheese, fresh fruits (excluding banana), fresh vegetables (excludinggarlic), a number of meat, tuna, products processed from corn and meat, chewinggum, confectionary and chocolate, sweet cakes, soup, mineral water, householdappliances and construction materials, among others.
Algerian Prime Minister AhmedOuyahia said the import ban is not contradictory to agreements reached betweenAlgeria and the European Union as well as other foreign partners, adding thatnew measures aim to prevent foreign currency outflows and protect domesticfirms that are unable to compete with foreign rivals.
Vietnamese Commercial Counsellorin Algeria Hoan Duc Nhuan said once the new policy takes effect, Vietnam’sexports such as mobile phones, confectionery, cereals, fruits and vegetables,iron and steel, ceramics will be negatively affected.
According to the GeneralDepartment of Customs, Vietnam’s exports to Algeria hit 264 million USD in the11 months of this year, up 9.3 percent from the same period of 2016, mostlycoffee, mobile phones and rice. The country also spent 6 million USD on importsfrom the African country.
Since the Algerian government tightenedimports by issuing licences for 24 imported products in June 2017, includingmobile phones, and banned imports of enameled tiles and wood, Vietnam’s exportsto the country has declined remarkably.
In August, September and October,Vietnam was unable to ship mobile phones and spare parts to Algeria.
In November, Vietnam earned only 12.63 million USD fromexports to Algeria, down from 38.8 million USD in May and 36.5 million USD inJune.-VNA
The banned goods include driedfruits, cheese, fresh fruits (excluding banana), fresh vegetables (excludinggarlic), a number of meat, tuna, products processed from corn and meat, chewinggum, confectionary and chocolate, sweet cakes, soup, mineral water, householdappliances and construction materials, among others.
Algerian Prime Minister AhmedOuyahia said the import ban is not contradictory to agreements reached betweenAlgeria and the European Union as well as other foreign partners, adding thatnew measures aim to prevent foreign currency outflows and protect domesticfirms that are unable to compete with foreign rivals.
Vietnamese Commercial Counsellorin Algeria Hoan Duc Nhuan said once the new policy takes effect, Vietnam’sexports such as mobile phones, confectionery, cereals, fruits and vegetables,iron and steel, ceramics will be negatively affected.
According to the GeneralDepartment of Customs, Vietnam’s exports to Algeria hit 264 million USD in the11 months of this year, up 9.3 percent from the same period of 2016, mostlycoffee, mobile phones and rice. The country also spent 6 million USD on importsfrom the African country.
Since the Algerian government tightenedimports by issuing licences for 24 imported products in June 2017, includingmobile phones, and banned imports of enameled tiles and wood, Vietnam’s exportsto the country has declined remarkably.
In August, September and October,Vietnam was unable to ship mobile phones and spare parts to Algeria.
In November, Vietnam earned only 12.63 million USD fromexports to Algeria, down from 38.8 million USD in May and 36.5 million USD inJune.-VNA
VNA
