CUSTOMS: NEW IMPORTANT REGULATION ISSUED TO BEAR IN MIND IN TRADE ACTIVITY WITH ALGERIA
Last Oct. 22nd, the Central Bank of Algeria published some new conditions in the banking domiciliation of imports to that country that affect exports from abroad. In particular, in order for the domiciliations to be acceptable they must be carried out at least 30 days in advance of the shipment of the goods and art. 3 of instruction nº5-2017 states the value of them must reach 120% of the price of the goods that will be imported.
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