Algerian businessmen sought alternatives to Spanish products and goods to avoid potential huge losses in their business relationships.
This follows Algeria’s decision to suspend foreign trade in goods and services with Spain from June 9, amid a growing dispute over the status of Western Sahara.
He also on Wednesday suspended a 20-year-old treaty of friendship, good neighborliness and cooperation with Spain that committed the two sides to cooperate in controlling migration flows, and also banned imports from Spain. .
Algeria is one of Spain’s main gas suppliers, but Algerian President Abdelmadjid Tebboune has previously said he will not break the supply contract.
The French-language electronic newspaper “Tout sur l’Algérie” quoted the head of the National Association of Algerian Economic Operators, Smail Naamane, as saying on Friday that the proximity of Algerian ports to Spain encouraged businessmen to export. products to the Algerian market.
“Algiers can import these products from other countries,” Naamane said, noting that it is inevitable to adapt to developments.
One of the main products that Algeria imports from Spain is ceramics, Naamane said, adding that he will now resort to Italy.
Naamane, who represents Algerian importers, said the product is more expensive in Italy, hinting he could import it from China, Turkey and India.
Algeria also imports large quantities of red meat from Spain, but Naamane said Brazil or even China could be alternatives.
However, several small and medium-sized Algerian companies that do business with dozens of private Spanish companies have expressed concern about the fate of their economic activity, workers and employees after Algeria’s recent decision.
Some of these companies depend exclusively on raw materials imported from Spain, which means that they could be forced to close if they cannot find alternatives.
In addition to commercial activity, Spain and Algeria cooperate in the fight against irregular migration and terrorism, which would most likely be affected by political and diplomatic tensions.