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Preparations for Opening of U.S. Consulate in Dakhla in full swing

A delegation of diplomats from U.S. embassy in Rabat arrived in Dakhla to prepare the opening of an American consulate, confirming the recognition of the United States of Morocco’s full sovereignty over its entire Saharan territory. The American delegation, which also includes diplomats from U.S. Consulate in Casablanca, held a series of meetings with Ali […]

Americas Business Emerging Markets Headlines International Morocco

Morocco, US discuss closer trade ties

An official Moroccan trade delegation held talks in Washington with top officials at the he U.S. Department of Commerce on building on their existing Free Trade Agreement to further boost ties. The Moroccan delegation was led by industry and trade minister Ryad Mezzour, while the US delegation was chaired by the US Assistant Trade Representative […]

Americas Business Headlines International Morocco

Morocco-USA trade increased fivefold since 2005

Trade between Morocco and the United States has increased fivefold since 2005, the year before the entry into force of the Free Trade Agreement (FTA) between the two countries, to reach 5 billion dollars in 2019, said, Monday in Casablanca, the Chargé d’Affaires of the US Embassy in Morocco, David Greene. This commercial dynamic has […]

Asia Business Headlines International Morocco

Turkish ready-to-wear brands seek Moroccan suppliers

Turkish ready-to-wear stores operating in Morocco are looking for local suppliers after Morocco raised customs duty on clothes imports from Turkey. Defacto’s Morocco country manager Hassan Avsar said the company has already started textile production in Morocco. LC Waikiki is following suit seeking local suppliers for their stores, Medias 24 reported. This is a direct […]

Asia Headlines International Morocco

Morocco, Turkey sign MoU on competition policies

Turkey and Morocco have signed a Memorandum of Understanding (MoU), vowing to establish an advanced partnership to promote cooperation in the field of competition policies and enforcement of competition laws in force in both countries, and to meet the challenges of “competition on markets.”   Morocco’s Competition Council President Driss Guerraoui and his Turkish counterpart […]

Asia Business Headlines International Morocco

Morocco-Turkey FTA: Rabat restores tariffs on 1200 Turkish Products

The Moroccan Government approved on Thursday an amendment of the Morocco-Turkey Free Trade Agreement, increasing tariffs by up to 90 pc on 1200 Turkish goods for a five-year period. The amendment falls under Bill No 54.20, which Morocco and Turkey signed on August 24 after the two countries reviewed their Free Trade Agreement. The bill […]

Business Europe Headlines International Maghreb Morocco

Morocco, EU Seek to Develop their Partnership through a Deep & Comprehensive FTA

The European Union and Morocco share the same determination to further develop their economic and trade partnership, notably through a deep and comprehensive free trade agreement.   This shared determination was expressed by European Commissioner for Trade, Phil Hogan, and Moroccan Minister of Industry & Trade Moulay Hafid Elalamy, at a meeting held Friday in […]

Asia Business Headlines International Morocco

Morocco Loses up to $2 Billion in Trade Imbalance with Turkey

Morocco’s trade minister Moulay Hafid Elalamy reiterated the need for a review of the trade agreement with Turkey whose imbalances cost Morocco $2 billion annually. Speaking to MPs, Elalamy said that Morocco may scrap the deal if no agreement is reached to redress the dysfunctions. While praising the benefits of the free trade deals signed […]

Asia Headlines International Maghreb Morocco

Sahara: Turkey renews its support for Morocco’s territorial integrity

Turkish Foreign Minister Mevlüt Cavusoglu on Thursday renewed his country’s support for Morocco’s territorial integrity. “We fully support the territorial integrity of our sisterly country, the Kingdom of Morocco,” said Turkish Foreign Minister Mevlüt Cavusoglu in a press briefing after a long meeting with his Moroccan peer Nasser Bourita. The Turkish official insisted that Turkey’s […]

Americas Business Headlines International Morocco

Argentina Shows Interest in FTA with Morocco

Argentina is interested in signing a free trade agreement with Morocco in order to foster bilateral trade, said Argentinian Foreign Minister Jorge Faurie who is on a visit to Rabat. Speaking to the press following a meeting with Secretary of State for Fisheries, Mbarka Bouaida, the Argentinian official underscored that the FTA will help the […]