Israel is looking to convince the U.S. and the European Union to support economic development of the West Bank as key for peace with Palestinians, Bloomberg reports. Finance Minister and Knesset member, Moshe Kahlon is pushing a plan to build a joint industrial zones, ease movement out of the West Bank and allow the Palestinian […]
In the past ten years, North African countries progressed in liberalizing their trade relations with the EU as well as Korea. As part of the Euro-Mediterranean (Barcelona Process) Partnership, North African nations and the EU entered association agreements with provisions for free trade in industrial goods. This opened doors for European manufacturers to new export and investment markets. Most recently, North African nations and the EU launched initiatives to extend their agreements to trade in agricultural products, trade in services, government procurement, and trade harmonization. Trade between North Africa and Korea also exploded in the past five years. As latecomers to North Africa, […]
The European Bank for Reconstruction and Development (EBRD) on Tuesday reaffirmed its support for Morocco’s energy transition by providing a €13.6 million loan to PROCANEQ, a company set up in Morocco in 2016 to provide mining subcontracting services to OCP Group. The EBRD financing, meant to step up the sector’s green transition, will be used […]
