A tanker loaded with phosphate rock cargos exported by Morocco’s state-owned phosphates company (OCP) to Canada was detained in Panama after the Algerian-sponsored Polisario front filed a complaint challenging the legality of the transaction. The vessel is the second held within a month after a New Zealand-bound ship loaded with 50,000 tons of OCP phosphates […]
Morocco’s textile and clothes industry represents 15% of the country’s GDP but has been facing fierce competition of Turkish manufacturers that caused many layouts and put several factories out of business, pushing Moroccan professionals to seek a new strategy to boost competitiveness. They mostly blame the free trade agreement signed with Turkey, which has dumped […]
Morocco has reaffirmed on Monday, during the 57th session of the United Nations Economic Commission for Africa (UNECA) and the Conference of African Ministers of Finance, Planning and Economic Development in Addis Ababa, its unwavering commitment to the African continental free trade area (AfCFTA). The commitment was renewed by Minister of Industry and Trade, Riyad […]
