Algeria Lifts Ban on Imports Through Moroccan Ports, Easing Trade Restrictions

"The decision of January 10 prohibiting the import of products transiting through Moroccan ports has been canceled," can be read in a statement sent to all bank directors by the Professional Association of Banks and Financial Institutions of Algeria (ABEF). Bank directors are also required to continue the localization of all import operations of products, particularly perishable ones, including meat, whose date of loading on board ships dates back before January 10, 2024.

The ABEF’s statement follows a note on the ban on importing products and goods transiting through Moroccan ports. This note clearly indicates the "cancellation of the decision," adds the association.

The Algerian decision to boycott all goods transiting through Moroccan ports had led Maersk and CMA CGM to reduce or even eliminate the passage of their containers via the port of Tangier destined for Algeria. Valencia and the Andalusian dock are now the main transshipment centers for CMA CGM on its routes with Algeria. As for Maersk, the majority of its traffic to areas like Algiers, Skikda and Béjaïa will now go through Barcelona and Algeciras. The cancellation of the Algerian decision could bring these two major shipping companies back to the port of Tangier.