News

Algeria-Mauritania Business Council Urges Preferential Trade Deal

Algeria-Mauritania Business Council Urges Preferential Trade Deal
Tuesday, 27 May 2025 17:49
  • Algeria and Mauritania’s business council seeks a preferential agreement to strengthen bilateral trade
  • The council advocates for barter mechanisms and removal of market access barriers
  • Trade volume between the two countries reached $215.8 million in 2024

The Algerian-Mauritanian Business Council has proposed the signing of a preferential trade agreement to deepen commercial ties between the two countries. The initiative, announced on May 25, 2025 by Algeria Press Service (APS), aims to facilitate bilateral commerce, support barter-based exchanges, and stimulate growth in border regions.

During its 9th session held in Nouakchott, the council outlined a set of recommendations. These include the identification of a targeted product list, the rapid creation of a joint technical committee, and the removal of barriers limiting market access for Mauritanian and Algerian goods. The council also urged the conclusion of a road transport agreement to simplify the movement of goods and boost trade volume.

The meeting brought together senior government officials and business representatives from both nations, including the Algerian Minister of Interior Trade. Discussions centered on strengthening economic cooperation, improving market integration, and exploring opportunities for expanded partnerships.

Trade relations between Algeria and Mauritania have grown stronger in recent years, supported by strategic investments and initiatives such as the launch of Algeria’s first commercial bank in Nouakchott, the establishment of a maritime trade route, and energy cooperation agreements.

According to data from the International Trade Centre, bilateral trade between Algeria and Mauritania totaled $215.8 million in 2024. The council’s push for a preferential trade framework reflects a broader strategy to capitalize on this momentum and institutionalize the gains through formal agreements and improved logistics.

On the same topic
Algeria and Mauritania’s business council seeks a preferential agreement to strengthen bilateral trade The council advocates for barter mechanisms...
Tunisia and Iraq central banks sign cooperation protocol to advance banking oversight and digital payments The agreement supports financial...
Egypt and Germany sign a $134 million agreement to support education and wind energy projects €32 million will fund 25 Centers of Excellence...
• Morocco and Kenya signed five MoUs covering trade, housing, public service, and youth affairs• Kenya seeks to boost tea, coffee, and produce exports to...
Most Read
01

• WAEMU’s tax revenue remains far below the 20% benchmark, stuck at 14% of GDP• IMF projects target ...

IMF Warns WAEMU May Miss 20% Tax-to-GDP Target Until 2048 or Beyond
02

• The NCC now requires telecom operators to publish details of major service outages.• Operators mus...

Nigerian Regulator Orders Transparency on Telecom Outages
03

• U.S. bill includes 5% tax on money sent abroad by migrants, affecting $13B to Africa• Nigeria...

New U.S. Remittance Tax Threatens African Families and Fintech Startups
04

South Africa’s Unemployment Insurance Fund (UIF) will inject $21 million into the South Afr...

South Africa: UIF Injects $21M into Post Office to Save 6,000 Jobs
05

• Vodacom aims to grow mobile financial service users from 88 million to 120 million• Vision 2030 st...

Vodacom Targets 32 Million New Mobile Money Users by 2030
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

Benjamin FLAUX
bf@agenceecofin.com 
Téls: +41 22 301 96 11 
Mob: +41 78 699 13 72
Média kit : Download

EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.