Economics Affairs

Missions of the Section

 

- In view of the continuous and significant development of the economic and financial relations between Algeria and the United States and with the aim of a better coverage of the multiple requirements of the cooperation sector between the two countries, the Embassy of Algeria in Washington created, in September, 2006, an economic and commercial service.

The mission of the economic and commercial service of the Embassy resides in the following spots:

- The contribution to the elaboration of the legal instruments (agreements) for economic and financial cooperation between the two countries as well as the follow-up of their implementation. In this regard, the Service participates in the preparation of the intergovernmental negotiations dealing with the issue and in the diverse demarches with care of these instruments.

- The contribution to a better appreciation of the conception and the national objectives regarding the bilateral cooperation and economic and commercial exchanges through the explanation to the US official interlocutors and economic operators the diverse aspects of the national economy and the current economic reforms and policy of opening operated by the Government.

- The fostering and the promotion of the Algerian exports outside hydrocarbons to the United States by the promotion of the policy of economic opening and the national legal existing mechanisms (laws and application texts) and other economic opportunities that Algeria conceals as well as the participation of the national operators of public and private sectors for exhibitions, fairs and other economic and commercial demonstrations held in the United States.

- The participation to the prospecting of markets through demarches begun toward the federal authorities and economic, financial and commercial institutions and other relevant organizations in the United States.

- The contribution to a better understanding by the American operators of the legal framework governing the Algerian business climate by meaning actions of information, advices and accompaniment of the US operators (organization of seminaries, forums dedicated to the Algerian economy and missions of prospecting of the national market for their benefit).