IMG-20201222-WA0054

Morocco set to reduce its industrial trade deficit

Morocco has launched an ambitious plan to cut its trade deficit by $3.7 billion by offering incentives to local investors to produce imported goods locally, Morocco’s trade minister said. So far 731 industrial projects were eligible for state subsidies, of which 90% will be funded by a Moroccan capital, minister Riad Mezzour told MPs. Most […]

AfCFTA calls for streamlined customs processes, visa removal to unleash intra-Africa trade potential

The African Continental Free Trade Area (AfCFTA) needs to remove visas and reduce custom processes to ease movement of goods within the African continent — this is the main appeal voiced by the Pan-African Private Sector, under the umbrella body of the African Business Council (AfBC). During the AfCFTA Business Forum recently held in Cape […]

Arab-Islamic Emergency Summit reiterates solidarity with Doha, condemns Israeli aggression against Qatar’s sovereignty

Kings and Heads of State of Islamic and Arab countries participating in the Arab-Islamic emergency summit held Monday in Doha reiterated their solidarity with Qatar, and condemned Israel’s aggression against its sovereignty. The Arab and Islamic leaders stressed, in the final statement adopted at the end of the summit, that Israel’s aggression against Qatar and […]