Business Europe Headlines International Morocco

Watermelon: Morocco becomes 2nd supplier of the EU

Morocco’s watermelon exports to the European market reached 271 million kg in 2022. The North African Kingdom becomes thus the second supplier of the EU advancing Italy, which remains the top exporter of this product. According to latest data released by Eurostat, the exports of Moroccan watermelon to the EU amounted this year to over […]

Africa Business Europe Headlines International

EU needs to strengthen cooperation with Africa on trade in services — ECFR study

Trade in services is critical for improving the competitiveness of African economies and improved trade in services with African countries could help the European Union diversify its supply chains, strengthening resilience and reducing dependencies on China and other Asian countries, according to a new policy brief published by the Brussels-based European Council on Foreign Relations […]

Algeria Business Europe Headlines International

EU slams Algeria’s barriers on trade with Spain

Head of EU Diplomacy Josep Borrell called, on Monday during his two-day visit to Algiers, for a solution to Algeria’s barriers on trade with Spain, introduced in June 2022. “The barriers introduced [by Algeria] to trade with Spain, since June 2022, must find a solution,” said the High Representative of the European Union for Foreign […]

Business Columns Europe Headlines International Morocco

Morocco, an indisputable oasis of social and economic stability, is indispensable in the EU’s Neighborhood Policy – Independent media outlet

Morocco, an indisputable oasis of social and economic stability in the region, must be regarded as an indispensable nation in the European Union’s Neighborhood Policy, particularly with regard to its southern flank, commented NE Global News Service, an independent media outlet. In a story on Morocco-EU relations, the media outlet highlighted the successive visits by […]

Business Emerging Markets Europe Headlines International Morocco

Morocco, pillar of stability in the region (Várhelyi)

Morocco is a flagship country and a pillar of stability in the region, said Thursday in Rabat, the European Commissioner for Neighborhood Policy and Enlargement, Olivér Várhelyi, who stressed the “extreme importance” of the Morocco-EU partnership. In a global context marked by multiple challenges, it is not easy to find stable partners like Morocco, hence […]

Europe Finance Headlines International Morocco

EU supports Morocco’s socioeconomic development with €500 Mln funding

The European Union announced on Thursday a new financial package worth €500 million for Morocco. The financial support will enable the North African Kingdom to carry out five projects aiming to strengthen further social protection, green transition, financial inclusion, reform of public administration and improvement of management of migration. The new cooperation deals were inked […]

Africa Business Emerging Markets Europe International

EU-Kenya business forum: Ruto pushes for EU-EAC economic partnership deal

The first European Union-Kenya Business Forum concluded on Wednesday Feb.22 in capital, Nairobi, with Kenya’s William Ruto urging the EU to conclude economic partnership deal with the East African Community (EAC) regional bloc. The two-day forum brought together more than 500 participants including politicians, business executives, experts and diplomats. Ruto participated in the signing of […]

Africa Business Emerging Markets Europe Headlines International

African exporters to be most severely affected by EU’s incoming carbon border tariff — study

Concern is growing across Africa about the implications of the European Union’s decision to proceed with the implementation of a carbon border adjustment mechanism (CBAM) as a way of preventing so-called ‘carbon leakage’ by imposing a tariff on imports equivalent to the carbon prices being paid by European companies. The CBAM will be implemented later […]

Business Europe Headlines International Morocco

European Commissioner Oliver Varhelyi expected in Morocco in February

European Commissioner for Neighbourhood and Enlargement Policy Oliver Varhelyi will visit Morocco during the week of February 20. The announcement was made by the Moroccan foreign department following a phone call Sunday between the European official and Foreign Minister Nasser Bourita. The ministry described the talks as “productive and constructive.” Varhelyi confirmed the phone call […]

Business Columns Community Europe Headlines International Maghreb Morocco

Morocco’s Southern Provinces population fully benefits from EU-Morocco agreements – Official EU Report

The European Union has reaffirmed, in its 2022 report, the full benefit of the population of Morocco’s southern provinces of the agreements between Rabat and Brussels and their positive impact on the socio-economic development of these regions. The publication of this annual report, by the services of the European Commission and the European External Action […]