Russia Trade Contract with Algeria Online — Import and Export of Goods · Контракт.Онлайн
🇩🇿 People's Democratic Republic of Algeria

Russia Trade Contract with Algeria

Import and export of goods with Algeria — a bilingual EN/RU contract for the bank in 5 minutes. CISG not ratified, letter of credit, settlements in USD or EUR

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Which contract fits working with Algeria

Four contract types — for any deal structure with an Algerian partner

Trade specifics with Algeria

Key terms to reflect in the contract

Letter of credit is mandatory

Algerian banks require a documentary letter of credit (L/C) for most import deals above USD 10,000. Specify in the contract the buyer's obligation to open the L/C.

L/C letter of credit

CISG not ratified — specify governing law

Algeria has not ratified the CISG. Algerian civil law (Ordonnance 75-58) applies unless the parties choose otherwise — specify the governing law explicitly (Russian or French law is recommended, close to the Algerian system).

No CISG · specify law

Currency control under 173-FZ

The deadline for repatriating proceeds is no later than the repayment date under the contract. A deal passport / unique contract number (UNC) is required for amounts from 3 million RUB.

173-FZ · currency control

Delivery basis: CIF or FOB

FOB port Novorossiysk or CIF Algerian port is recommended. Confirm the requirements for phytosanitary and veterinary certificates.

FOB/CIF · Mediterranean

Questions about trade contracts with Algeria

Answers to the most common questions

Yes. The export declaration (ED) is filed in Russia, and the import declaration is filed in Algeria by the Algerian party.
Most often USD or EUR. The Algerian dinar (DZD) is a non-convertible currency, so international settlements are made in foreign currency.
Request an extract from the Commercial Register (Registre du Commerce), maintained by the CNRC. Official website: cnrc.org.dz.
Metals and metal products, grain, timber, chemical industry products, machinery and equipment.
For deals above USD 10,000, Algerian banks typically require a letter of credit (L/C). For smaller amounts, a SWIFT bank transfer is possible.

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Russia Trade Contract with Algeria: Key Features

Algeria is the largest country in Africa by area and a strategic trade partner for Russia. Russia's key export categories are metallurgical products, grain, and chemicals.

Algerian company details

Specify in the contract the full company name, address, Commercial Register number (Numéro RC) issued by the CNRC, and the bank details. Verification: cnrc.org.dz.

Letter of credit as a settlement instrument

Algerian law (Bank of Algeria Règlement 11-04) requires the use of a documentary letter of credit for most import transactions. Clearly specify in the contract the terms for opening and confirming the L/C.

CISG and governing law

Algeria has not ratified the CISG. Algerian civil law (Ordonnance 75-58) applies unless the parties choose otherwise. Recommended arbitration: ICAC at the Russian CCI or the ICC.

Logistics

The sea route via the Mediterranean takes 10–18 days. Main shipping ports on the Russian side are Novorossiysk and Tuapse; destination ports are Algiers, Oran, and Annaba.