First Independent Mena Newspaper
Morocco voted in favor of a UN General Assembly resolution last week breaking away with its previous abstentions. Moroccan foreign minister Nasser Bourita said the vote was in favor of the UN charter and in support of the territorial integrity of UN member states as well as in support of the peaceful resolution of conflicts. […]
As the European Union restructures its plans for energy security in light of shifting geopolitical realities, high-level European and African energy stakeholders met during the Africa-Europe Roundtable in Cape Town to discuss the potential of Africa’s hydrocarbon and renewable resources to help attain global energy security. Addressing the role of the African continent in advancing […]
The European Court of Human Rights (ECHR) has called on Russia to prevent the execution of Moroccan Brahim Saadoun sentenced to death in a pro-Moscow separatist region of Ukraine for fighting with Ukrainian forces. Russia “should ensure that the death penalty imposed on the applicant was not carried out,” the court said on Thursday in […]
Skoda Auto is among the automotive makers who are looking to Morocco to supply cable harness to offset the production disruption due to the Russia-Ukraine war. In a statement, Skoda Auto said it has secured additional production capacities of cable harness from Morocco and Romania which will add to a plant it has relocated from […]
Morocco’s trade deficit rose 57% up to February this year, due to a surge of commodities prices in the international market. Tensions in the black sea and the loss of Ukrainian and Russian commodities and wheat exports sent prices skyrocketing hitting the finances of import-reliant states. For example, Morocco’s ammonia imports, used in the production […]
Japanese Sumitomo Electric Industries has decided to move its production of automotive wire harnesses to Morocco and Romania due to the Russian-Ukraine war and heightened risks in this European zone. The decision was reported Monday by Japanese financial newspaper Nikkei, saying the move will enable the manufacturer of electric wire and optical fiber cables to […]
The Russia-Ukraine war is reshaping the global trade & supply chain as Western nations have imposed severe economic and financial sanctions on Moscow for its invasion of Ukraine. Morocco is the 3rd supplier of fertilizers to Brazil after Russia and Belarus. To avoid a shortage of the nutrients due to the international sanctions and escalating […]