France Says Unaware of Algerian Trade Curbs as Tensions Build

French President Emmanuel Macron and Algerian President Abdelmadjid Tebboune. (AFP file)
French President Emmanuel Macron and Algerian President Abdelmadjid Tebboune. (AFP file)
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France Says Unaware of Algerian Trade Curbs as Tensions Build

French President Emmanuel Macron and Algerian President Abdelmadjid Tebboune. (AFP file)
French President Emmanuel Macron and Algerian President Abdelmadjid Tebboune. (AFP file)

France said on Thursday that it was not aware of any official measures imposed by Algeria on its imports and exports, but would keep a close eye on the situation as diplomatic sources suggested Algiers may be preparing trade restrictions.
Ties between Paris and Algiers have worsened in recent weeks since France recognized Morocco's sovereignty over the disputed territory of Western Sahara, which Morocco wants the international community to recognize as Moroccan, Reuters said.
The decision angered Algiers, which backs the Polisario Front that is seeking an independent state.
"We have not been made aware of such measures, but we are closely watching the situation for our companies in Algeria," France's foreign ministry spokesman Christophe Lemoine told reporters at a weekly news conference.
The office of Algerian Prime Minister Nadir Larbaoui issued a statement denying the contents of a post on X by France's former ambassador Xavier Driencourt which shows a screenshot of a document that appears to outline restrictions on imports and exports. Reuters was not able to authenticate the document and Driencourt did not respond to a request for comment.
"Following the false allegations promoted by the former French ambassador to Algeria ... regarding the alleged restrictive measures on foreign trade, the press office of the Prime Minister would like to categorically deny this information which is completely unfounded," it said in a statement.
According to three diplomats, there has been a concerted effort in recent months by Algeria to toughen the business environment for French firms, including wheat exporters.
The diplomats said there had been some signals in recent days that Algiers may look to specifically target French imports and exports, although there had been no official confirmation at this stage.
Algerian officials did not respond to Reuters' requests for comments.
BANKING SPAT
In 2022, Algeria's banking association ordered the end of payments to and from Spain after an official trade ministry directive, although it exempted key gas exports.
That rift, which has since calmed, was also over Madrid's stance on Western Sahara.
French daily newspaper Le Figaro newspaper reported on Thursday that the banking association in the North African country had met banks on Nov 4. and informed them of a potential measure.
Two diplomats told Reuters they were aware of that meeting, but cautioned that the association could not take such a decision unilaterally.
Several French companies operating in Algeria contacted by Reuters said they had not received any new directives and French officials said at this stage no companies had approached them with any specific difficulties.
Grain traders have reported that Algeria overlooked France in wheat tenders last month due to the diplomatic tensions, though Algerian state grains agency OAIC said it treated all suppliers fairly and applied technical requirements to cover its import needs.
The reported trade obstacles echo a diplomatic dispute three years ago that led to France being sidelined from its former colony's wheat tenders for months. Trade between the two countries grew more than 5% in 2023 with hydrocarbon exports from Algeria to France increasing about 15%, although imports to Algeria from France dropped 0.5%, according to the French finance ministry.



Biden, Macron to Declare 60-Day Ceasefire between Hezbollah, Israel on Tuesday

 Smoke and flame rise after an Israeli airstrike on Beirut's southern suburbs, known as Dahiyeh, Monday, Nov. 25, 2024. (AP)
Smoke and flame rise after an Israeli airstrike on Beirut's southern suburbs, known as Dahiyeh, Monday, Nov. 25, 2024. (AP)
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Biden, Macron to Declare 60-Day Ceasefire between Hezbollah, Israel on Tuesday

 Smoke and flame rise after an Israeli airstrike on Beirut's southern suburbs, known as Dahiyeh, Monday, Nov. 25, 2024. (AP)
Smoke and flame rise after an Israeli airstrike on Beirut's southern suburbs, known as Dahiyeh, Monday, Nov. 25, 2024. (AP)

US President Joe Biden and French President Emmanuel Macron will declare on Tuesday morning a 60-day ceasefire between Israel and Hezbollah in Lebanon, Asharq Al-Awsat learned from widely informed sources on Monday.

Washington has spoken of “cautious optimism” that the US proposal for a ceasefire could be a success. The proposal calls for Hezbollah’s withdrawal from the area between the Blue Line and Litani River in a manner that can be verified. In return Israeli forces will withdraw from the regions they occupied since they carried out their limited invasion of Lebanon.

The discussions the US government had on the Lebanon-Israel ceasefire were positive and are headed in the right direction towards a deal, the White House said on Monday.

"We're close," said White House national security spokesperson John Kirby. "The discussions ... were constructive, and we believe that the trajectory of this is going in a very positive direction. But, yeah, nothing is done until everything is done." 

The relative positivity prevailed in spite of the ongoing wide-scale military operations between Israel and Hezbollah in the South and Israel’s air raids deep in Lebanese territory. Hezbollah has also fired rockets deep in Israel, reaching Tel Aviv.

Analysts have said the intense attacks suggest that both Israel and Hezbollah are trying to maximize their leverage as diplomats conduct what they hope is a final round of ceasefire talks, reported the New York Times on Monday.

The New York Times reported on Friday that the terms included a 60-day truce during which Israeli forces and Hezbollah fighters pull back from border areas and the Lebanese Army and a United Nations peacekeeping force increase their presence in a buffer zone.

But officials have also warned that the two sides may not be able to finalize a deal, and Israeli Prime Minister Benjamin Netanyahu has faced pressure from right-wing allies not to end the military campaign.

Israel’s hard-line national security minister, Itamar Ben-Gvir, said in a social media post on Monday that the proposed deal would be a “historic missed opportunity to eradicate Hezbollah.”

Observers meanwhile told Asharq Al-Awsat that all pending issues related to the US proposal have been resolved from the Lebanese side, while Israel has some lingering reservations.

Israeli officials said Netanyahu’s security Cabinet is set to convene on Tuesday to discuss the ceasefire proposal.

Two officials confirmed the Cabinet meeting is set for Tuesday, but they said it is still not clear whether the decision-making body will vote to approve the deal.

The officials spoke to The Associated Press on condition of anonymity because they were discussing internal deliberations.