UK “absolutely committed” to enhancing trade with Morocco – British official
The United Kingdom is “absolutely committed” to enhancing trade with Morocco, said Minister of State for International Trade Nigel Huddleston.
In 2022 we did about £3.1 billion-worth of bilateral trade, up nearly 50% on 2021, and we are using our association agreement with Morocco to boost that even further, he told the House of Commons at a recent hearing.
Huddleston declared that in February he visited Morocco and discussed with his counterpart ways of maximizing trade, including by tackling barriers in priority areas such as education, renewable energy, and infrastructure.
“We are also supporting British businesses to take advantage of the significant opportunities in Morocco, including through £4.5 billion of available finance through the excellent UK Export Finance,” he said.
The Association Agreement between Morocco and the United Kingdom, signed in London on October 26, 2019, has been in force since January 1, 2021.
It restores, in the context of bilateral relations, all the effects that the two countries granted each other, within the framework of the Morocco-EU Association Agreement. It thus ensures the continuity of trade between Morocco and the UK after the Brexit.