Brussels, 22/10/2012 (Agence Europe) - The Algerian government will not back down on the measure adopted three years ago of imposing the 51/49% rule on foreign investors - a rule which the EU has criticised and asked Algiers to re-examine on several occasions. With this rule, Algeria intends to keep it obligatory for the majority of shares to be national in a partnership investment.
“The Abdelmalek Sellal government has maintained the 51/49% rule in its action plan. This is a decision...