On July 13, 2001, the U.S. and Algeria signed a Trade and Investment Framework agreement (TIFA) to create a forum for involved discussion. The first TIFA Council meeting was held in Algiers April 8, 2001, and the second in Washington D.C December 2-3, 2004. The discussions could eventually lead to a Bilateral Investment Treaty (BIT) and a Free Trade Agreement.

In December 2001, Algeria and the EU concluded negotiations on the Association Agreement that was ratified by the Algerian Senate on March 31, 2005 and took effect September 1 2005. The Association Agreement will commit both sides to further liberalization of bilateral trade and is intended to make Algerian businesses and consumers benefit from the development of trade and investment ties. (http://europa.eu.int/comm/external_relations/algeria/docs/index.htm) The Agreement provides for the gradual removal of import duties on EU industrial products over twelve years, and removes duties immediately on 2,000 other products. The Agreement will lay an important foundation for economic liberalization in Algeria. It also provides for an exchange of concessions regarding trade in services. On December 12, 2002 a joint declaration of cooperation was signed among the members of the European Free Trade Association (EFTA, http://www.efta.int/) with the European Union providing for expanded and liberalized trade with EFTA members Iceland, Liechtenstein, Norway and Switzerland.

Algeria has signed bilateral investment agreements for the protection and promotion of investments with the following countries in the indicated years: Belgium/Luxembourg (1991), Italy (1991), France (1993), Romania (1994), Spain (1994), China (1996), Germany (1996), Jordan (1996), Mali (1996), Vietnam (1996), Egypt (1997), Bulgaria (1998), Mozambique (1998), Niger (1998), Turkey (1998), Denmark (1999), Yemen (1999), Czech Republic (2000), Greece (2000), and Malaysia (2000). There is no bilateral investment treaty between Algeria and the United States. Prospects for a U.S.-Algeria BIT were discussed at the December 2004 TIFA meetings and received periodic mention throughout 2005.

Algeria has also signed bilateral treaties to prevent double taxation with the following nations: United Kingdom (1981), France (1982), Tunisia (1985), Libyan Arab Jamahirya (1988), Morocco (1990), Belgium (1991), Italy (1991), Romania (1994), Turkey (1994), Syrian Arab Republic (1997), Bulgaria (1998), Canada (1999), Mali (1999), Vietnam (1999), Bahrain (2000), Oman (2000), Poland (2000), Ethiopia (2002), Lebanon (2002), Spain (2002), and Yemen (2002). There is no double taxation treaty between Algeria and the United States.

In 1990, Algeria signed both investment protection and double taxation agreements with the Arab Maghreb Union (UMA) countries (Libya, Morocco, Mauritania and Tunisia).