RESTRICTEDWORLD TRADE
ORGANIZATIONWT/ACC/DZA/20
22 April 2002
(02-2268)
Working Party on the Accession of Algeria Original:  French
ACCESSION OF ALGERIA
Information on Policy Measures Affecting Trade in Services
The Permanent Mission of the Democratic People's Republic of Algeria has communicated to
the Secretariat information on policy measures affecting trade in services.WT/ACC/DZA/20
Page 2TABLE 1:  Measures Relating to Market Access
Mode(s) of Supply Measures Relevant Laws and Regulations
A. HORIZONTAL
(3) Commercial presence
(4) Presence of natural persons(3) Mandatory inscription in the Commercial Register by all
commercial enterprises with foreign headquarters and
which open an agency, branch or any other establishment
in Algeria .
(4) Meet the legal conditions of residence for foreigners.Article 4 of Decree No. 97-41 of 18 January 1997
concerning the requirements for registration in the
Commercial Register, implementing Law No. 90-22 of
18 August 1990 on the Commercial Register.  Order
No. 66-211 of 21 July 1966 regarding the status ofaliens in Algeria.  Decree No. 66-212 of 21 July 1966
implementing the aforementioned Order.  Law No. 81-
10 of 11 July 1981 governing the terms and conditions
of employment of foreign workers.
1. BUSINESS SERVICES
A. Professional Services
(d) Architectural services
(3) Commercial presence
(4) Presence of natural persons(3) Registration in the national register of architects. This
registration is equivalent to approval.  Registration in the
Commercial Register.
(4) Professional qualifications.  Approval given by the board
of the association of architects and the law on themovement of persons.Legislative Decree No. 94-07 of 18 May 1994
regulating the requirements for architectural products
and the practice of the profession of architect.
(e) Engineering services
(3) Commercial presence
(4) Presence of natural persons(3) Approval delivered by the Ministry for Housing and
Urban Development.
(4) Professional abilities.  Approval by the Ministry for
Housing and Urban Development.Decree No. 68-652 of 26 December 1968 establishing
the conditions under which private persons may
conclude design contracts  with the Ministry for Public
Works and Construction.   Inter-Ministerial Order of15 May 1988 governing the terms and conditions for
building project management and the remuneration
therefor, as amended by the Inter-Ministerial Order of
4 July 2001.WT/ACC/DZA/20
Page 3Mode(s) of Supply Measures Relevant Laws and Regulations
F. Other Business Services
(h) Services incidental to mining
- Prospecting, exploration and exploitation of petroleum and gas: hydrocarbon sector
(1) Cross-border supply
(2) Consumption abroad
(3) Commercial presence(1) Obligation to conclude a contract with the public
enterprise in order to build and operate hydrocarbon
transport pipelines
(2) Conclusion of a contract with the national company.
Hydrocarbon prospecting, expl oration and exploitation are
under State monopoly. Public companies are responsible
for exercising this monopoly.
(3) Foreign participation limited to 49 per cent of the overall
investment. Obligation to conclude a contract with thenational company. The operating body is chaired by a
representative of the national company.Article 17 of Law No. 86-14 of 19 August 1986, as
amended and supplemented.  Articles 20 to 29 of Law
No. 86-94 of 19 August 1986 on hydrocarbon
prospecting, exploration, exploitation andtransportation.  Above-menti oned Law.  Decree No. 87-
159 of 21 July 1987 on the participation of foreign
companies in hydrocarbon prospecting and exploration.
- Research and extraction of minerals:  mining sector
(3) Commercial presence (3) Obligation to enter into partnership with a national
company. The parties to a contract may agree to create
either a joint venture without legal personality or a joint-
stock trading company under Algerian law.Minerals are the property of the State (Article 1 of
Law No.  84-06 of 7 January 1984 on mining activities).
(j) Services incidental to energy distribution:   - Distribution of petroleum products
(3) Commercial presence (3) Authorization by the Ministry responsible for
hydrocarbons.Executive Decree No. 97-435 of 17 November 1997
regulating the storage and distribution of petroleum
products.
2. COMMUNICATION SERVICES
B. Courier services
(a) Ordinary mail weighing less than 2 kg.
(3)  Commercial presence (3) Service established, run and provided by the public
operator  "Algérie Poste" on an exclusive basis.Law No. 2000-03 of 5 August 2000 (Arts. 61 to 66)
establishing the general rules governing postal and
telecommunication services.   Executive Decree No. 01-
418 of 20 December 2001 regarding the operating
system applicable to each postal service.
(b) Express international courier servicesWT/ACC/DZA/20
Page 4Mode(s) of Supply Measures Relevant Laws and Regulations
(3) Commercial presence (3) Services subject to authorization by the regulatory
authority for postal and telecommunication services
through acceptance of the contract specifications and the
payment of an annual fee.Law No. 2000-03 of 5 August 2000.  Executive Decree
No. 01-418 of 20 December 2001.  Decree 02-44 of
14 January 2002 setting the amount of the annual fee
payable by holders of operating licenses to provide
postal services.
C. Telecommunication services
(a) Voice telephone services
- Fixed
- trunk telephone service network
(3)  Commercial presence (3) None as from 2005.  Subject to licensing. Law No. 2000-03 of 5 August 2000.  Decree 01-123 of
9 May 2001 establishing the operator systems.  Decree01-124 of 9 May 2001 prescribing the procedure for the
award of contracts based on competitive bidding for
telecommunications licenses.
- Mobile
(3) Commercial presence (3) Operated under a duopoly until the end of 2003.  None as
from 2004.  Subject to licensing.Law No. 2000-03 of 5 August 2000.  Decree No. 01-
123 of 9 May 2001 establishing the operator systems.Decree No. 01-124 of 9 May 2001.
- Mobile/Satellite services (maritime and aeronautical)
(3) Commercial presence (3) None as from 2003, subject to licensing. Law No. 2000-03 of 5 August 2000.  Decree No. 01-
123 of 9 May 2001 establishing the operator systems.
Decree 01-124 of 9 May 2001.
- Dedicated telephone service networks (specialized)
(3) Commercial presence (3) Subject to authorization. Law No. 2000-03 of 5 August 2000.  Decree No. 01-
123 of 9 May 2001 establishing the operator systems.
(b) Packet-switched data transmission services(c) Circuit-switched data transmission services
(1) Cross-border supply
(3) Commercial presence(1) None as from 2005.
(3) None as from 2005, subject to licensing when it is a
network open to the public.Law No. 2000-03 of 5 August 2000.  Decree No. 01-
123 of 9 May 2001 establishing the operator systems.
Decree 01-124 of 9 May 2001.
(d) Telex servicesWT/ACC/DZA/20
Page 5Mode(s) of Supply Measures Relevant Laws and Regulations
(1) Cross-border supply
(2) Consumption abroad
(3) Commercial presence(1) Unbound
(2) Unbound(3) Services subject to the simple declaration system.Law No. 2000-03 of 5 August 2000.  Decree No. 01-
123 of 9 May 2001 establishing the operator systems.
7. FINANCIAL SERVICES
A. Insurance and insurance-related services
(a) Life, accident and health insurance services
(3) Commercial presence (3) Only companies created as duly approved joint-stock
companies or mutual insurances.Articles 204, 207, 215, 216 and 218 of Order No. 95-07
of 25 January 1995 on insurance.  Executive Decree
No. 95-344 on minimum capital requirements forinsurance companies.
(b) Non-life insurance services
(3) Commercial presence (3) Only companies created as duly approved joint-stock
companies or mutual insurances may have access to the
market.Articles 204, 207, 215, 216 and 218 of Order No. 95-07
of 25 January 1995 on insurance.  Executive Decree
No. 95-344 on minimum capital requirements for
insurance companies.
(c) Reinsurance and retrocession services
(1) Cross-border supply (1) Subject to mandatory cession for direct insurance
transactions to the reinsurer designated by the Ministry of
Finance.Articles 208 and 211 of Order No. 95-07 of
25 January 1995 on insurance.  Executive Decree No.
98-213 of 30 September 1998 amending Executive
Decree No. 95-409 of 9 December 1995, in particular
Art. 3 on mandatory cession for reinsurance.
(d) Services auxiliary to insurance (including brokerage and general agency services)
- Brokers and general agents
(3) Commercial presence (3) Prior authorisation.  Authorisation is accorded to nationals
only.Articles 252 to 268 of Order No. 95-07 of 25 January
1995.  Articles 4 to 21 of Decree No. 95-340 of
30 October 1995.
- Damage assessment experts
(3) Commercial presence (3) Prior authorisation. Articles 269 to 273 of Order No. 95-07 of 25 January.
Decree No. 96-46 of 17 January 1996.
B. Banking and other financial services (excluding insurance)WT/ACC/DZA/20
Page 6Mode(s) of Supply Measures Relevant Laws and Regulations
(a) Acceptance of deposits and other repayable funds from the public
(1) Cross-border supply
(2) Consumption abroad
(3) Commercial presence(1) not permitted.
(2) not permitted.
(3) Only banks may accept deposits and other repayable
funds.Law No. 90-10 of 14 April 1990 on currency and credit,
as amended and supplemented by Order No.  01-01 of27 February 2001.  Regulation No. 95-07 of
23 December 1995 on foreign exchange control, and
subsequent texts.  Regulation No. 97-04 of
31 December 1997 concerning the bank deposit
guarantee system. Directive No. 09-2000 of31 December 2000 setting the rate of the premium
payable as participation in the deposit guarantee
company.
(b) Lending of all types
(1) Cross-border supply
(2) Consumption abroad
(3)  Commercial presencenot authorized except for loans for financing investmentsand commercial operations under the foreign exchangeregulations.
(3) Only banks and financial institutions may engage in this
activity.Law 90-10, Regulations 90-03, 95-07, Directives 20-94,
68-94, 07-97, 02-2001, 03-2001, 07-2001, mentionedabove in connection with specific sectors.
(c)  Financial leasing
(1) Cross-border supply
(2) Consumption abroad
(3) Commercial presence(1) considered as a credit transaction, movements of(2) funds initiated through financial leasing, are governed by
the exchange regulations
(3) the activities of banks and financial institutions.Law 90-10, Regulation 95-07, Regulation 96-06, In
Directive No. 06-96 mentioned above in relation tospecific sectors.
(d) All payment and money transmission services
(1)  Cross-border supply
(2)  Consumption abroad
(3)  Commercial presenceMovements of tied funds subject to the exchangeregulations.
(3) These services are conducted through banks and financial
institutions.Law 90-10, Regulations 90-03, 95-07 and 95-08.
(e)  Guarantees and commitmentsWT/ACC/DZA/20
Page 7Mode(s) of Supply Measures Relevant Laws and Regulations
(1)  Cross-border supply
(2)  Consumption abroad
(3)  Commercial presenceMovements of funds (transfers and repatriations)
connected with these transactions, subject to the exchange
regulations in force.  Banks may issue guarantee bonds to
residents and guarantee and counter-guarantee bonds to
non-residents.Law 90-10, Regulations 93-03, 95-07 and Instructions
05-94.
9. TOURISM AND TRAVEL-RELATED SERVICES
A. Hotels and restaurants
(a) Hotels
(3) Commercial presence
(4) Presence of natural persons(3) Operation subject to prior issue of an operating licence by
the administration responsible for tourism.  (In addition to
an operating license, the creation of a camping site is alsosubject to prior authorisation from the local Wali).
(4) Approval of the manager based on professional
qualifications.Article 52 of the Law No. 99-01 of 6 January 1999
establishing the rules governing hotels.  Executive
Decree No. 01-138 of 26 March 2001 amending andsupplementing Decree No. 8514 of 26 January 1985
laying down the requirements for the creation and
operation of camping sites.  Article 55 of the Law No.
99-01 of 6 January 1999 establishing the rules
governing hotels.  Executive Decree No. 2000-130 of11 June 2000 stipulating the standards and requirements
for the categorisation of hotel establishments (annex).
(b)  Restaurants
(3) Commercial presence
(4) Presence of natural persons(3) Registration in the Commercial Register and prior
authorization from the local Wali. The same applies to
drinking establishments that are subject to licensing (fastfood and unclassified beverages).  Licensing on the same
basis as classified establishments.
(4) None.Inter-Ministerial Circular dated 5 January 1995 setting
out the terms and conditions for the operation and
monitoring of restaurants providing fast food andunclassified beverages.  Decree No. 59-75 of 29 April
1975 (Ministry of Home Affairs).
B. Travel agencies and tour operators servicesWT/ACC/DZA/20
Page 8Mode(s) of Supply Measures Relevant Laws and Regulations
(3) Commercial presence
(4) Presence of natural persons(3) Operating licence issued by the Ministry for Tourism.
(4) Professional qualifications.Article 6 of Law No. 99-06 of 4 April 1999 laying
down the rules governing tourism and travel agencies.
Article 2 of Executive Decree No. 2000-48 of 1 March
2000 prescribing the terms and conditions for the
creation and operation tourism and travel agencies.
Article 7 of Law No. 99-06 of 4 April 1999 and Article3 of Decree No. 2000-48 of 1 March 2000 setting forth
the terms and conditions for the creation and operation
of tourism and travel agencies.
C. Tourist guides services
(3) Commercial presence
(4) Presence of natural persons(3) Company under Algerian law.  Algerian nationality
required.
(4) Approval of the guide.  Professional qualifications.Commercial Code - Article 10 of Decree No. 92-121 of
14 March 1992 regulating the profession of touristguide.  Article 11 of the same Decree as amended by
Executive Decree No. 96-341 of 12 October 1996.
Article 18 of Decree No. 92-121 dated 14 March 1992.
11. TRANSPORT SERVICES
(f) Services incidental to maritime transport
- Shipping brokerage services/Consignment
(3) Commercial presence (3) Activities open to competition pursuant to the regulations in
force/Elimination of the monopoly granted to nationalenterprises responsible for these activities
(GEMA/ENTMV/SNTM-HYPROC).Law No. 98-05 of 25 June 1998, amending and
supplementing Order No. 76-80 of 23 October1976 concerning the Maritime Code.  Executive
Decree No. 01-286 of 24 September 2001 establishing
the conditions for engaging in freight and vessel
consignment and brokerage.
A. Maritime Transport Services
- Regular international carriage of passengers
(3) Commercial presence (3) Services open to companies incorporated under Algerian
law (Shipowners)/Elimination of the monopoly granted tothe Entreprise Nationale de Transport Maritime de
Voyageurs (ENTMV)  
[National Maritime Passenger
Transport Enterprise ].Law No. 98-05 of 25 June 1998, amending and
supplementing Order No. 76-80 of 23 October1976 concerning the Maritime Code. Executive
Decree No. 2000-81 of 9 April 2000 setting out the
terms and conditions for the operation of maritime
transport services.
(b) Regular international carriage of goodsWT/ACC/DZA/20
Page 9Mode(s) of Supply Measures Relevant Laws and Regulations
(3) Commercial presence (3) Services open to companies incorporated under Algerian
law (Shipowners)/Elimination of the monopoly granted to
the SNTM-CNAN and the SNTM-HYPROC.Law No. 98-05 of 25 June 1998, amending and
supplementing Order No. 76-80 of 23 October
1976 concerning the Maritime Code. Executive
Decree No. 2000-81 of 9 April 2000 setting out the
terms and conditions for the operation of maritime
transport services.
(b) International carriage of goods by sea as required (TRAMPING)
(3) Commercial presence (3) Services open to companies incorporated under Algerian
law (Shipowners)/Elimination of the monopoly granted to
the SNTM-CNAN and the SNTM-HYPROC.Law No. 98-05 of 25 June 1998, amending and
supplementing Order No. 76-80 of 23 October
1976 concerning the Maritime Code.
Executive Decree No. 2000-81 of 9 April 2000 setting
out the terms and conditions for the operation ofmaritime transport services.
(c) Rental of vessels (chartering)
(3) Commercial presence (3) Services open to companies incorporated under Algerian
law (Shipowners)/Elimination of the monopoly granted tothe National Maritime Transport Enterprises.Law No. 98-05 of 25 June 1998, amending and
supplementing Order No. 76-80 of 23 October1976 concerning the Maritime Code. Implementing
text (executive decree) under preparation.
E. Rail Transport Services
(a)  Passenger transportation
(1) Cross-border supply
(3) Commercial presence(1) No restrictions.
(3) Railway network under a concession system.Observance of national legislation (Customs-Police)
and the International Convention on Carriage ofGoods by Rail (COTIF).  Article 17 of the
Constitution.  Law No. 01-13 of 7 August 2002 on the
guidelines for and organization of transport by land.
(b) Freight transportation
(1) Cross-border supply
(3) Consumption abroad(1) No restrictions.
(3) Railway network under a concession system.Observance of national legislation (Customs-Police)
and the International Convention on Carriage of Goodsby Rail (COTIF).  Article 17 of the Constitution.  Law
No. 01-13 of 7 August 2002 on the guidelines for and
organisation of transport by land.
F. Road Transport Services(a)  Passenger transportationWT/ACC/DZA/20
Page 10Mode(s) of Supply Measures Relevant Laws and Regulations
(1) Cross-border supply
(3) Commercial presence(1) Permission to circulate, payment of fees.
(3) Authorized.1981 Finance Law.  Law No. 01-13 of 7 August 2002
on the guidelines for and organisation of transport by
land.  Executive Decree No. 91-195 of 1 June 1991
establishing the general conditions for engaging in the
carriage of passengers and goods by land.
(b) Freight transportation
(1) Cross-border supply
(3) Commercial presence(1) Permission to circulate, payment of fees.
(3) Authorized.198 Finance Law.  Law No. 01-13 of 7 August 2002 on
the guidelines for and organisation of transport by land.
Executive Decree No. 91-195 of 1 June 1991
establishing the general conditions for engaging in the
carriage of passengers and goods by land.
(e)  Services incidental to road transport
- Freight brokerage
(3) Commercial presence (3) Authorized. In keeping with Executive Decree No. 94-231 of
27 July 1994 establishing the conditions and proceduresfor exercising the professions of freight broker and
forwarding agent.
- Forwarding agents
(3) Commercial presence (3) Authorized. In keeping with Executive Decree No. 94-231 of
27 July 1994 establishing the conditions and procedures
for exercising the professions of freight broker andforwarding agent.WT/ACC/DZA/20
Page 11TABLE 2:  Measures Relating to National Treatment
Mode(s) of Supply Measures Relevant Laws and Regulations
A. HORIZONTAL
(4) Presence of natural persons (4) Minimum level required: technician, provided the post
cannot be filled by a national worker.Articles 3 and 5 of Law No. 81-10 of 11 July 1981 on
the conditions of employment of foreign workers.
B. SPECIFIC SERVICE SECTOR OR SUBSECTOR
7. FINANCIAL SERVICES
A. All insurance and insurance-related services
(d) Services auxiliary to insurance (including brokerage and general agency services)
(3) Commercial presence (3) Only nationals (natural or legal persons) may engage in
brokerage and general agency services).Articles 4 to 7 and 15 to 21 of Decree 95-340 of
30 October 1995.
B. Banking and other financial services (excluding insurance)
(a) Acceptance of deposits and other repayable funds from the public
(b) Lending of all types
(c) Financial leasing
(d) All payment and money transmission services(e) Guarantees and commitments
(1) Cross-border supply
(2) Consumption abroad
(3) Commercial presence
(4) Presence of natural persons(3) Same as for measures relating to market access.
9. TOURISM AND TRAVEL-RELATED SERVICES
A. Hotels and restaurants
(1) Cross-border supply
(2) Consumption abroad
(3) Commercial presence
(4) Physical presence(1) None.
(2) None.
(3) None.(4) None.WT/ACC/DZA/20
Page 12Mode(s) of Supply Measures Relevant Laws and Regulations
B. Travel agencies and tour operators services
(1) Cross-border supply
(2) Consumption abroad
(3) Commercial presence
(4) Physical presence(1) None.
(2) None.
(3) None.(4) None.
C. Tourist guides services
(1) Cross-border supply
(2) Consumption abroad
(3) Commercial presence
(4) Physical presence(1) None.(2) None.(3) None.(4) Algerian nationality required.WT/ACC/DZA/20
Page 13TABLE 3:  Measures Relating to Most-Favoured-Nation Treatment (MFN)
Modes of Supply Measures Relevant Laws and Regulations
FINANCIAL SERVICES
- Banking services
(3) Commercial presence Foreign participation in banks and financial institutions under
Algerian law, the opening of branches of foreign banks and
financial establishments financiers are governed by theprinciple of reciprocity.  The establishment and operation of
banks and financial institutions are subject to at least three
conditions:
- Be incorporated as joint stock companies;
- Subscribe a minimum capital, with allocations for branch
offices amounting to no less than the minimum capital
required for banks and financial institutions.
- Banks and financial institutions must operate by
management safeguard rules.Articles 128, 130, 131 of Law No. 90-10 on money and
credit, cited in relation to a specific sector.  Law No.
90-l0 of 14 February 1990 on currency and credit, asamended and supplemented by Order No. 01-01 of
27 February 2001.
Regulations
- No. 90-01 of 4 July 1990 on minimum capital
requirements for banks and financial institutions
operating in Algeria;
- No. 91-10 of 14 August 1991 on the conditions for
opening representative offices of foreign banks andfinancial institutions;
- No. 92-05 of 22 March 1992 on the conditions to
be met by the founders, directors and
representatives of banks and financial institutions;
- No. 93-01 of 3 January 1993 laying down the
conditions for the establishment of banks and
financial institutions and the opening of branches
of foreign banks and financial institutions.
- No. 93-03 of 4 July 1993 amending and
supplementing Regulation No. 9001 of 4 July 1990on minimum capital requirements for banks and
financial institutions operating in Algeria;
- No. 95-06 of 19 November 1995 concerning the
incidental activities of banks and financial
institutions.WT/ACC/DZA/20
Page 14Modes of Supply Measures Relevant Laws and Regulations
- Banking services excluding insurance and securities
- Specific service sector
(3) Commercial presence (cont’d) - No. 96-06 of 3 June 1996 establishing the
modalities for setting up financial leasing
companies and the prerequisites for their approval;
- No. 97-02 of 6 April 1997 concerning the terms
and conditions for constituting the network of
banks and financial institutions.
- No. 2000-02 of 2 April 2000 amending and
supplementing Regulation No. 93-01 of
3 January 1993 laying down the conditions for the
establishment of banks and financial institutions
and the opening of branches of foreign banks and
financial institutions.
- No. 06-96-01 of 22 October 1996 laying down the
conditions for the establishment of banks and
financial institutions and the opening of branches
of foreign banks and financial institutions.
- No. 07-96-06 of 22 October 1996 establishing the
modalities for setting up financial leasingcompanies and the prerequisites for their approval;
- No. 08-96 of 18 December 1996 laying down the
conditions governing the establishment and
approval of exchange offices;
- No. 13-97 of 19 December 1997 amending
Directive No. 08-96 laying down the conditions
governing the establishment and approval of
exchange offices.WT/ACC/DZA/20
Page 15Modes of Supply Measures Relevant Laws and Regulations
(3) Commercial presence (cont’d) - No. 01-99 of 7 April 1997 concerning the
procedures for the implementation of Regulation
97-02 regarding the terms and conditions for
constituting of the network of banks and financial
institutions;
- No. 02-99 of 7 April 1999 regarding the
declaration of loans granted by banks and financial
institutions to their managers and shareholders;
- No. 04-2000 of 30 April 2000 specifying the
component elements of applications for the
approval of banks or financial institutions; and
- No. 05-2000 of 30 April 2000 setting the terms and
conditions for the discharge of their functions by
managers of banks and financial institutions, and of
representative offices and branches of banks and
financial institutions.
Safeguard Regulations
- No. 91-09 of 14 August 1991 laying down
management safeguard rules for banks and
financial institutions;
- No. 92-08 of 17 November 1992 on a scheme for
bank accounts and accounting rules applicable to
banks and financial institutions; and
- No. 92-09 of 17 November 1992 on the preparation
and publication of individual annual accounts by
banks and financial institutions.WT/ACC/DZA/20
Page 16Modes of Supply Measures Relevant Laws and Regulations
(3) Commercial presence (cont’d) - No. 94-12 of 2 June 1994 on management
principles and the setting of standards in the
financial sector; and
- No. 95-04 of 20 April 1995 amending and
supplementing Regulation No. 91-09 of
14 August 1991 laying down managementsafeguard rules for banks and financial institutions.
Directives
- No. 32-91 of 24 October 1991 on the preparation
of monthly statements (model form 10r in the
annexes);
- No. 34-91 of 14 November 1991 concerning the
setting of management safeguard rules for banks
and financial institutions;
- No. 43-94 of 11 July 1994 establishing the
implementation procedures for Regulation No. 92-
08 of 17 November 1992 on a scheme for bank
accounts and accounting rules applicable to banks
and financial institutions;
- No. 68-94 of 1 October 1994 establishing the level
of bank liabilities;
- No. 73-94 of 29 November 1994 on the system of
reserve requirements;
- No. 74-94 of 29 November 1994 concerning the
setting of management safeguard rules for banks
and financial institutions;
- No. 78-95 of 26 December 1995 on the rules
governing foreign exchange positions;WT/ACC/DZA/20
Page 17Modes of Supply Measures Relevant Laws and Regulations
(3) Commercial presence (cont’d) - No. 79-95 of 27 December 1995 on the
organization and operation of the inter-bank
foreign exchange market; and
- No. 04-99 of 12 August 1999 on model
declarations of hedge and risk spreading ratios by
banks and financial institutions.
Exchange Regulations
- No. 90-03 of 8 September 1990 establishing the
conditions for the transfer of capital to Algeria forfinancing economic activities and the repatriation
of such capital and the return thereon;
- No. 91-03 of 20 February 1991 concerning the
terms and conditions for engaging in goods
transactions in Algeria and for their financing;
- No. 91-13 of 14 August 1991 on domiciliation and
payments for exports not including hydrocarbons;
- No. 92-04 of 22 March 1992 regarding foreign
exchange control;
- No. 94-11 of 13 April 1994 amending Regulation
No. 91-03 of 20 February 1991 concerning the
terms and conditions for engaging in goods importtransactions in Algeria and for their financing;
- No. 94-17 of 22 October 1994 laying down special
foreign exchange regulations applicable to free
zones;
- No. 95-07 of 23 December 1995 amending and
replacing Regulation No. 92-04 of 22 April 1992
on exchange control;WT/ACC/DZA/20
Page 18Modes of Supply Measures Relevant Laws and Regulations
(3) Commercial presence (cont’d) - No. 95-08 of 23 December 1995 regarding the
foreign exchange market;
- 200-03 of 2 April 2000 regarding foreign
investments; and
- No. 200-04 of 2 April 2000 regarding capital
movements for portfolio investments by non-residents.
Directives
- No. 20-94 of 12 April 1994 establishing the
financial conditions for import transactions;
- No. 22-94 of 12 April 1994 setting the percentage
of export earnings, excluding those from
hydrocarbons and mining products, that may be
lodged to foreign currency accounts by companies;
- No. 91-94 of 29 December 1994 setting the terms
and conditions for the collection of foreign
currency earnings from free zones;
- No. 29-95 of 22 April 1995 amending Directive
No. 20-94 of 12 April 1994 establishing the
financial conditions for import transactions;
- No. 02-97 of 30 April 1997 regarding transfers of
foreign currency abroad.WT/ACC/DZA/20
Page 19Modes of Supply Measures Relevant Laws and Regulations
(3) Commercial presence (cont’d) - No. 03-97 of 16 April 1997 concerning registration
authorising the handling of foreign trade and/or
currency transactions;
- No. 07-97 establishing the general guidelines in
respect of external debt;
- No. 02-98 of 21 May 1998 regarding transfers of
wages received by foreign workers in Algeria;
- No. 03-98 of 21 May 1998 pertaining to export
earnings excluding those from hydrocarbons;
- No. 03-2000 of 25 April 2000 specifying the
component elements of applications for the transferof dividends, profits and proceeds from the sale of
foreign investments;
- No. 02-2001 of 3 April 2001 laying down the terms
and conditions for the making of foreign payments
by authorized banks and financial intermediaryinstitutions on behalf of public officers authorising
payment (ordonnateurs publics)  under the
Government budget, budgets of local governments
and of public offices and public administrative
entities;
- 03-2001 of 9 May 2001 establishing the terms and
procedures for the settlement of expenses arisingabroad from repairs, transformation or additional
labour in the form of temporary exports of
materials and equipment;
- No. 05-2001 of 4 August 2001 amending and
replacing Directive No. 23-92 of 10 June 1992
setting the conditions and procedures for the issue
of air and maritime transport tickets and for thetransfer of earnings surpluses;
- No. 07-2001 of 6 December 2001 amending and
supplementing Directive No. 20-94 of
12 April 1994 establishing the financial conditions
for import transactions.
__________