Morocco’s fertilizers and car exports hit $20 bln

Morocco’s exports of phosphates and fertilizers as well as the sales of its automotive sector hit a record 20 billion dollars that helped mitigate a surging trade deficit due to higher energy, food and equipment prices. Morocco’s exports of phosphates and derivatives rose 54.8% to 10.3 billion dollars, while the automotive sector’s imports rose 35% […]

Morocco Warns of Repercussions if EU Fails to Honor Agricultural Agreement

In a strong worded statement, Morocco’s Agriculture and Fisheries Ministry alerted the European Union to the repercussions that may result from failing to honor the agricultural agreement after attempts to deny entrance of some Moroccan products. “Morocco and the European Union have inked an agricultural agreement whose implementation covers all the territories of the Kingdom […]

Automotive Industry: New Comer Confirms Morocco’s attractiveness

Spain’s car parts maker, Ficosa, is planning to set up in Morocco a plant specialized in producing in-vehicle cameras, Spanish media reported. The Catalonia-based Ficosa, which has been sold to Japan’s Panasonic last July, plans to invest €50 million in two new plants in Morocco and Malaysia respectively. The Moroccan factory will be located in […]