Algeria Business Columns Emerging Markets Headlines Morocco

Boycott of Moroccan ports, how Algeria shot itself in foot

In a self-defeating decision Algerian bank association (ABEF) ordered in December a ban of all transactions involving transshipment through Moroccan ports. Few days later, in January, ABEF partly backpedaled on the decision excluding fresh produce and meat, while maintaining the ban of all transactions involving other non-perishable goods. The boycott generated “immediate and severe consequences,” […]