EUROPEAN COMMISSION AND ALGERIA DENY REBAR QUOTA MEANS SUSPENSION OF EU/ALGERIA TRADE AGREEMENT
February 1st, 2016
The European Commission has today (February 26) categorically denied that Algeria has backed down from the European Union-Algeria Association Agreement by imposing a 15% import duty on EU-origin rebar; and Algeria is backing up its claims. Under this agreement, which came into force in September 2005, Algeria is supposed to have a completely duty-free regime for all trades with the EU by next year (2017).
Non-EU rebar (steel bar used to reinforce concrete) imports previously faced a similar 15% levy. However, a preliminary draft of the 2016 Algerian budget law ...
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