Algeria has launched a new strategy called the “new economic growth model” aiming to diversify the economy and draw more investments to compensate for the collapse in oil prices. Yet, poor governance, insecurity, vested interests and regime opacity cast doubt on the success of the strategy. In an article on Foreign Policy, Robert Looney, describes […]
Portugal described as “serious and credible” Morocco’s plan to grant autonomy to the Sahara region, saying the proposal offers prospects for the resolution of the Sahara issue. The remarks were made by Portuguese Foreign Minister Augusto Santos Silva following talks with his Moroccan peer Nasser Bourita in Rabat Wednesday. “The Portuguese position on this regional […]
The long awaited Free Trade Agreement (FTA) between Algeria and the European Union, expected to enter into force Sept.1, risks to be botched up as Algerian political leaders, businessmen and economists continue to criticize the deal as imbalanced, warning it will undermine the country’s economic sovereignty. Despite years of preparations, the free trade deal is […]
