Paraguay Announces its Decision of Opening Consulate in Moroccan Sahara

The Republic of Paraguay, which recognizes Morocco’s sovereignty over the Sahara, has decided to open soon a Consulate in the Moroccan Saharan territory. The decision was announced by FM of this South America country Rubén Ramírez Lezcano during a meeting held Wednesday in Rabat with Moroccan peer Nasser Bourita. Paraguay’s top diplomat has also reaffirmed […]

Libya reports increase in oil production after several months of decline

Libya authorities in charge of the country’s oil production indicated Tuesday oil production has increased 1.025 million barrels per day after a three-month decline owing to a wave of closures of oil fields and ports, Libya Observer reports. Chairman of the National Oil Corporation (NOC), Farhat Ben Qadara, and the Minister of Oil and Gas, […]

Impact of U.S.-Turkey Trade War on Morocco

The trade and financial war currently unfolding between the U.S. and Turkey is opening new opportunities and risks for the Moroccan economy, which has signed free trade agreements with both countries. With Turkey facing a currency crisis, President Donald Trump last week doubled tariffs on imports of steel and aluminum to offset the effects of […]