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US launches Algeria-oriented export programme

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  • US launches Algeria-oriented export programme

    US launches Algeria-oriented export programme


    Algiers, Algeria, 02/16 - The US will this year set up three new export credit guaranty programmes for American agricultural produce and equipment exported to Algeria, a statement from the US agricultural department indicated Tuesday.

    The first programme estimated at about 25 million US dollars guarantees up to 98 percent of short and medium-term loans to finance the purchase of US agricultural products by Algerian importers.

    The second 30-million dollar programme concerns export loan guaranties, while the third is a 20-million dollar equipment guaranty programme

    http://www.africanewssearch.com/olin...62&ARG2=111298

    A government that robs Peter to pay Paul can always depend on the support of Paul.
    By: George Bernard Shaw
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