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France Monitors Potential Algerian Trade Restrictions Amid Diplomatic Row

France and Algeria's diplomatic spat over Western Sahara leads to potential trade restrictions, sparking concerns in French business circles.

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Syria

PoliticsInternational RelationsConflictDiplomacyTradeInternational Trade

French Foreign MinistryAlgerian Prime Minister's OfficePolisario FrontAlgerian Banking AssociationOaic

Christophe LemoineNadir LarbaouiXavier Driencourt

What was the overall trend of trade between France and Algeria in 2023?: Despite the strained relations, trade between France and Algeria continued to grow in 2023, with hydrocarbon exports from Algeria to France increasing, even though imports to Algeria from France decreased slightly.
What is France's official stance on the reported Algerian trade restrictions?: France denies knowledge of official Algerian trade restrictions but is monitoring the situation closely, as diplomatic sources suggest Algiers might be preparing trade limitations on French imports and exports.
What happened during the November 4th meeting of Algeria's banking association?: Algeria's banking association met with banks on November 4th to discuss potential measures against French companies, although the association's ability to act unilaterally is disputed and no official confirmation exists.
How have recent diplomatic tensions impacted wheat trade between France and Algeria?: Reports indicate that Algeria overlooked France in recent wheat tenders, potentially due to diplomatic tensions, although the Algerian state grains agency denies discriminatory practices.
What is the main reason for the recent worsening of relations between France and Algeria?: The deterioration in relations between France and Algeria is primarily due to France's recognition of Morocco's sovereignty over Western Sahara, a move that angered Algeria, which supports the Polisario Front's independence bid.

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