The bill amending and supplementing Law No. 04-08 on commercial activity regulations won approval this Wednesday from Algeria’s National People’s Assembly (APN). Minister of Internal Trade and Market Regulation Amel Abdellatif hailed it as a “legislative win,” forging a more transparent, efficient, and competitive national economy.
Speaking after the APN deputies’ vote, the minister framed the law as aligning with the state’s strategic vision: modernizing economic oversight amid digitalization drives and governance upgrades rocking the economy.
Dubbed a “legislative win,” it marks a cornerstone of broader reforms, she said—driven by President Abdelmadjid Tebboune’s directives to build trust-based business climates, preempt risks, and boost national economic credibility. This strengthens Algeria’s regional and global standing, per Abdellatif, who spotlighted the bill tabled last Monday.
“Aimed at integrated transparency in economic deals and clear commercial data,” she stressed, it fosters trust among players and sharpens the business environment. It also ramps up modern controls to shield the economy from abuses, laying groundwork for integrity-driven adaptability to today’s demands.
Boosting Output, Sparking Investment
The law targets a leap forward in commercial management via streamlined, sped-up admin processes and digital transformation as a core modernization plank. Abdellatif, top trade official, said it bolsters local production and entrepreneurial drive.
“This reform markedly aids investors,” she pledged, notably by embedding National Trade Registry Center reps into one-stop shops at the Algerian Investment Promotion Agency. They can now prep, sign, and issue registry docs on-site—”streamlining paths, fast-tracking files, and heightening business appeal,” she noted, while beefing up the center’s role.
Praising cross-party consensus on passage, Abdellatif reaffirmed her ministry’s pledge for tight coordination with stakeholders to roll out the law: modernizing tools, tightening oversight, and ensuring swift, effective enforcement to steady markets and refine regulations.