Congratulations and many more to Algeria on her accession to the AfCFTA Guided Trade Initiative.

ALGIERS, Dec. 16 (Xinhua) - Algeria's Minister of Trade and Export Promotion Tayeb Zitouni declared on Saturday his country's accession to the Guided Trade Initiative, as part of its effective implementation of the African Continental Free Trade Area (AfCFTA) agreement.

The announcement was made at a forum held in Algiers that gathered influential African economic officials and experts, including AfCFTA Secretary-General Wamkele Mene.

"This announcement underscores Algeria's commitment to advancing pan-African trade," Zitouni was quoted as saying by the Algeria Press Service.

He further highlighted the new membership's importance for the region, saying that it will streamline trade exchanges between Algeria's economic entities and those of other member states, boost Algeria's non-hydrocarbon exports, and support the expansion of pan-African trade volumes through the AfCFTA.

Zitouni said that the move is in line with the AfCFTA's principles, which include removing customs barriers and facilitating smoother trade exchanges.

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