Morocco’s free trade agreements deepen trade deficit despite export gains

Morocco’s ambitious free trade strategy has expanded market access and boosted key export sectors, but widening trade deficits with major partners raise questions about the agreements’ overall economic impact, according to new analysis. The kingdom’s imports under free trade agreements reached 207.8 billion dirhams ($20.4 billion) in 2022, climbing 20.9% from the previous year, with […]

USA: the job growth, the tax hikes and voters’ expectations

The tight contest between Obama and Romney will finally come to an end on November 6th. However this week will be marked by the unveiling of the closely monitored employment report. Although Hurricane Sandy forced the government to stop working for 2 days, the Labor department plans to release the October jobs data as scheduled […]

Saudi Arabia, UAE, Bahrain Condemn Iran’s support for Polisario

Morocco’s allies in the Gulf Cooperation Council, Saudi Arabia, the UAE and Bahrain, condemned Iran’s support for the Polisario separatists and welcomed the decision to sever ties with Tehran. Morocco announced Tuesday that it has cut diplomatic ties with Iran over its involvement in backing an alliance between Lebanese Shia militia Hezbollah and the Polisario […]