21 November 2018 08:30 AM

Economic Relations

Monday، 30 October 2017 - 12:00 AM

In 2014, the economic relations between Egypt and Algeria witnessed a strong boost, most notably at holding the seventh session of the Egyptian-Algerian high joint commission that was  headed by Prime Ministers of the both countries Ibrahim Mahlab and Abdel Malek Sellal during which 17  agreements  and memorandum of understanding were endorsed. They covered many sectors in the fields of export enhancement, consumer protection, cooperation between Egyptian and Algerian Stock Exchange,  and insurance and reinsurance .  Memoranda of understanding in veterinary services and in training and vocational training were signed as well.

• The volume of trade exchange between Egypt and Algeria was valued at almost $1.5 billion in 2012; i.e. up 11% over the 2011 figures. According to figures released by the Algerian Customs Authority in January 2013, Egyptian exports occupied third place among Arab exporting countries with exports calculated at $380.56 million as compared to $876.51 million of Algerian imports.

• Egyptian investment projects in Algeria were valued in 2009 at $4 billion and $890 million in the agricultural, construction, industrial services and communication sectors.

• Trade exchange between the two countries in the first 8 months of 2009 was put at $806 million. Algerian exports to Egypt were estimated at $612.7 million; imports at $196.8 million.
• Early in 2005, the two countries upgraded their joint committee to presidential level; a committee at foreign ministers' level has been established to ensure the smooth administration of regular day-to-day business.
 
• A number of Egyptian companies also took part in the 38th Algiers International Fair held on June 1 to 7, 2005.

Agreements signed:

• Agreement on encouraging and protecting investments.

• Agreement on the prevention of double taxation.

• Cooperation Agreement on the standardization of measurements and specifications.
 
• Cooperation Agreement between the international trade points of the two countries.
 
• Agreement on the establishment of an Egyptian-Algerian Business Council.
 
• Agreement on the establishment of an Egyptian-Algerian fishing company.
 
• Agreement for the international transport of passengers and goods by road.
 
• Administrative cooperation agreement for protection against tariff contraventions.
 
• A cooperation agreement in the field of tourism and conventional industries.

Contractual Framework:

 


No


Agreement

 

 

 

Date of signature

 

 

 

Effective Date

1

Agreement legal and judicial cooperation
 

1/3/1964


23/1/1967

2
 

A cultural cooperation agreement
 

15/3/1966

15/3/1966

3
 

Cooperation agreement to technical and administrative
 

23/7/1967

23/7/1967

4
 

Agreement on the Establishment of a high joint committee
 

7/3/1989

15/10/1991

5
 

Trade agreement
 

15/10/1991

25/10/1992

6
 

Agreement economic and technical cooperation

15/10/1991

14/8/1993

7
 

Agreement scientific and technological cooperation
 

15/10/1991

15/10/1991

8

Protocol on cooperation in the field of radio
 

17/11/1991

17/11/1991

9

Maritime agreement
 

10/4/1995

28/2/1998

10

TIR Convention across the roads and transit of passengers and goods
 

23/10/1995

8/12/1996

11

Agreement on cooperation in the fields of tourism and traditional industries
 

10/4/1995

9/11/1996

12
 

Convention on mutual administrative cooperation for the prevention of Almkhavat customs, search and control
 

31/7/1996

1/12/1998

13
 

A media cooperation agreement
 

29/3/1997

1/7/2000

14

Agreement to encourage and protect mutual investments
 

29/3/1997

3/5/2000

15
 

Agreement on cooperation in the field of animal health
 

19/1/1998

7/2/2001

16
 

Agreement on cooperation in the field of Awqaf and Islamic Affairs
 

27/9/198

7/2/2001

17
 

Agreement to avoid double taxation and prevent tax evasion
 

17/2/2001

11/5/2003

18
 

Memorandum of Understanding on the establishment of a consultation mechanism between foreign ministries
 

11/2/2001

17/2/2001

19
 

Memorandum of Understanding for cooperation in the fields of standards and standardization
 

17/2/2001

17/2/2001

20
 

Memorandum of Understanding for cooperation in the field of agriculture
 

17/2/2001

17/2/2001

21
 

Memorandum of understanding in the preparation of judges and the exchange of legal expertise
 

17/2/2001

17/2/2001

22
 

Memorandum of understanding on mutual exemption of visas for holders of diplomatic passports and special task
 

17/2/2001

17/2/2001

23
 

Protocol on cooperation in the field of investment
 

12/1/2005

12/1/2005

24
 

An executive program for cooperation in the field of youth and sport for the years 2005 / 2007
 

12/1/2005

12/1/2005

25
 

An executive program for cooperation in the field of social affairs for the years 2005 / 2007
 

12/1/2005

12/1/2005

26
 

An executive program for cooperation Media for the years 2005 / 2007
 

12/1/2005

12/1/2005

27
 

An executive program for cooperation in the field of culture for the years 2005 / 2007
 

12/1/2005

12/1/2005

28
 

An executive program for cooperation in the field of education and education for the years 2005 / 2007
 

12/1/2005

12/1/2005

29
 

An executive program for cooperation in the field of higher education for the years 2005 / 2007
 

12/1/2005

12/1/2005

30
 

An executive program for cooperation in the field of tourism for the years 2005 / 2007
 

12/1/2005

12/1/2005

31
 

Memorandum of understanding in the field of Archive
 

12/1/2005

12/1/2005

32
 

Protocol for the use of teachers
 

12/1/2005

12/1/2005

33
 

Convention for Cooperation in the field of plant protection and quarantine
 

12/1/2005

12/1/2005

34
 

Memorandum of understanding between the Middle East News Agency and the Agency for APS
 

3/3/2008

3/3/2008

35
 

Memorandum of Understanding between the General Authority for Exhibitions and International Markets, the Algerian company for exhibitions and export
 

3/3/2008

3/3/2008

36
 

Memorandum of Understanding for cooperation in the field of technology centers
 

3/3/2008

3/3/2008

37
 

An executive program for cooperation in the field of training and vocational training for the years 2008/2010
 

3/3/2008

3/3/2008

38
 

An executive program for cooperation in the field of tourism for the years 2008/2010
 

3/3/2008

3/3/2008

39
 

An executive program for cooperation in the field of youth for the years 2008/2010
 

3/3/2008

3/3/2008

40
 

An executive program for cooperation in the field of sports for the years 2008/2010
 

3/3/2008

3/3/2008

41
 

An executive program for cooperation in the field of environmental protection
 

3/3/2008

3/3/2008

42
 

An executive program for cooperation in the field of higher education for the years 2008/2010
 

3/3/2008

3/3/2008

43
 

Executive program in the field of cultural cooperation for the years 2008/2010
 

3/3/2008

3/3/2008

44
 

Executive program in the field of employment and manpower for the years 2008/2010
 

3/3/2008

3/3/2008

45
 

Executive program in the area of Alijtmap for the years 2008/2010
 

3/3/2008

3/3/2008

46
 

Memorandum of understanding in the areas of Housing and Urban Development
 

3/3/2008

3/3/2008

47
 

Memorandum of understanding in the media
 

3/3/2008

3/3/2008

48
 

Memorandum of Understanding to activate the maritime transport agreement
 

3/3/2008

3/3/2008

49
 

A protocol of cooperation and partnership in the field of small and medium-
 

3/3/2008

3/3/2008

50
 

A cooperation protocol to send a medical mission to Algeria, Egypt
 

3/3/2008

3/3/2008

51
 

Air Transport Agreement
 

3/3/2008

3/3/2008

 



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