Terrorist attacks negatively affect foreign investment in Algeria
Algeria, Economics, 12/12/1997

Up till now, Algeria has not signed the agreement to set up the Arab Free Zone, but Algerian Minister of Trade Bakhty Balayeb said that though his country did not sign the agreement, it closely follows the works of the committee formed for this purpose.

Balayeb confirmed that his country suggested the necessity of drawing up economic rules for this zone. These rules will help the flow of inter-Arab trade without any obstacles.

The Algerian Minister of Trade pointed out that the terrorist attacks that Algeria is currently witnessing had badly affected foreign investment in Algeria. He also confirmed that the Algerian government exerts its utmost effort to deal with the crisis of terrorism. It had adopted measures in order to encourage the foreign investment.

Balayeb also confirmed that the Algerian government is about to end the problems of terrorism in a decisive way.

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