Algeria intends to soon begin revising its partnership agreement with the European Union, which has been in effect for nearly 20 years. This decision is driven by the “significant harm caused to the country as a result of the agreement’s implementation, due to the inability of Algerian products to compete in European markets.” Consequently, Algeria has become “merely a market for dumping European goods,” a situation that contradicts the principle of partnership.
During the latest Council of Ministers meeting, President Abdelmadjid Tebboune emphasized that the revision of the partnership agreement between Algeria and the EU is aimed at strengthening the “good relations” between the two parties and is based on the principle of mutual benefit (“win-win”). He clarified that the revision “is not due to a dispute but rather to support the good relations between Algeria and the European Union as an economic partner, based on mutual benefit,” according to a statement from the Council of Ministers.