阿尔及利亚加强对战略领域外国投资监管

Core Viewpoint - Algeria has implemented a new administrative decree to tighten control over the transfer of shares or equity to foreign investors in strategic sectors, introducing a mandatory prior authorization system [1][2] Group 1: Regulatory Changes - The decree establishes a core rule that any transfer of shares or equity involving foreign buyers must receive prior approval from relevant industry authorities, regardless of whether the buyer is an individual, a legal entity, or a company registered under Algerian law but controlled by foreign capital [1] - The decree specifically targets companies operating in strategic sectors, which include energy, telecommunications, critical infrastructure, and activities related to national security [1] Group 2: Review Process - The decree outlines the review process, requiring regulatory agencies to consult several key government departments, including the Ministry of Defense, Ministry of Foreign Affairs, Ministry of Interior, Ministry of Justice, Ministry of Finance, Ministry of Domestic Trade, and Ministry of Health, as well as the central institution monitoring capital flows, the Bank of Algeria [1] - Each agency must provide an opinion within 30 days of receiving the application [1]