First Independent Mena Newspaper
Morocco’s ambitious free trade strategy has expanded market access and boosted key export sectors, but widening trade deficits with major partners raise questions about the agreements’ overall economic impact, according to new analysis. The kingdom’s imports under free trade agreements reached 207.8 billion dirhams ($20.4 billion) in 2022, climbing 20.9% from the previous year, with […]
Morocco’s gigafactory ecosystem is taking form. South Korean LG Energy Solution Ltd, the world’s 2nd-largest battery maker for electric vehicles, turned to Morocco to secure lithium supplies through an association with Chinese Yahua. On Wednesday, LG Energy Solution Company signed a Memorandum of Understanding with lithium compound manufacturer Yahua to produce lithium hydroxide in the […]