The law No.1.13 on the order for payment procedure was published in the official bulletin of March 20, 2014. This law modifies and completes the provisions of articles 155 to 165 of the Code of Civil Procedure; it also repeals and replaces the provisions of Article 22 of the Law No. 53-95 establishing commercial courts.
The purpose of this law is to improve the legal arsenal for debt collection with respect to commercial disputes through simplifying measures and reducing the costs of recovering debts from defaulting debtors.
As part of ongoing efforts to simplify export procedures, the subscription of the foreign exchange commitment, required for the export of any product or goods that are free from any right or claim, was cancelled by the circular No 8/2014 issued by the Foreign Exchange Office and the notice no. 006 / 14 of 28 March 2014 issued by the Ministry of Foreign Trade concerning the cancellation of the said subscription for the export of any product or goods that are free from any right or claim.
This circular aims to inform authorised intermediaries and exporters of goods that, following the implementation of this notice, the subscription of the foreign exchange commitment will no longer be required for the export of any product or goods that are free from any right or claim.
This reform allowed :
- Removing a document from the export channel;
- Shortening the time limits of the export procedure.