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Country Risk Category

Algeria

Cover Policy – Export Credit Guarantees

Short-term Business

There are no formal restrictions on cover.

Medium/long-term Business

There are no formal restrictions on cover.

Collateral

As a rule, for short-term transactions irrevocable letters of credit opened prior to the commencement of risk are required. (Please check whether local regulations provide for the opening of a letter of credit.) As a rule,  bank security is required for medium/long-term transactions.

Further Information

Country information on commercial practices, business climate, market analyses, law, import procedures, customs duties can be found on the website of Germany Trade & Invest (gtai, www.gtai.de).

The most important GTAI country information on Africa can be found at a glance on the Africa Business Guide (German version, www.africa-business-guide.de).

You can find more detailed information on the G20 initiative „Compact with Africa“ (www.compactwithafrica.org).

Contact

Dr. Romeo Grill

Economic Analyses

Ingo Schwutke

Single Transaction Cover

Karina Lasch

Wholeturnover Cover (Revolving Cover)

Cover Policy – Untied Loan Guarantees

There do not exist any restrictive country cover policy decisions for Untied Loan Guarantees. However, when deciding on cover of raw material projects, the Federal Government always takes the current situation in the host country into account. If you have any queries, please do not hesitate to contact our experts.

Contact

Hannes Hagel

Untied Loan Guarantees

Julian Greiwe

Untied Loan Guarantees

No responsibility is taken for the correctness of the information provided.

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