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Economy



EU warns US against expanding steel and aluminum tariff scope amid trade tensions

European Union officials are preparing to confront U.S. Commerce Secretary Howard Lutnick over Washington's efforts to expand the list of EU products subject to elevated steel and aluminum tariffs. This expansion threatens to undermine a trade agreement reached just months ago designed to cap tariffs......

Moroccan textile exports rise but lose ground in Europe

Morocco’s clothing exports to the European Union grew slightly in the first half of 2025, but the country’s share in the European market is slipping as Asian competitors strengthen their dominance. Despite positive results, Morocco faces growing pressure to reinvent its textile industry and......

EU threatens trade sanctions over China's rare earth export restrictions

The President of the European Commission, Ursula von der Leyen, has issued a stern warning to China, signaling that the European Union may deploy its most powerful trade weapon in response to Beijing’s tightening control over rare earth exports. The move, which has disrupted European supply chains,......

Oil prices surge toward biggest weekly gain since June

Oil prices have soared to their highest weekly increase in nearly five months, driven by fresh sanctions from the United States and the European Union against Russia's largest oil companies. The measures have sparked fears of supply disruptions, pushing crude futures up by over 5% on Thursday. Brent......

Morocco positions itself as a key player in “open regionalism”

Geneva, October 22, 2025 — Morocco is emerging as a model of “open and competitive regionalism,” combining trade openness with regional and international partnerships to navigate the uncertainties of global trade policies, Minister of Industry and Trade Ryad Mezzour said Tuesday in......

Financing: 57% of Moroccan SMEs consider interest rates too high (survey)

Half of Moroccan small and medium-sized enterprises (SMEs) still struggle to obtain formal financing from banks or financial institutions, according to a recent survey by the European Investment Bank (EIB), conducted in partnership with the European Union (EU) under the Trade and Competitiveness Programme......

Morocco and Russia renew fisheries cooperation with strategic maritime agreement

Morocco and Russia have strengthened their long-standing partnership through a new maritime fisheries cooperation agreement, replacing the previous deal that expired in 2024. The accord reinforces bilateral ties while supporting sustainable fishing practices in Moroccan waters. The agreement was signed......

CGEM hails Morocco-EU trade agreement as a driver of growth in southern provinces

Morocco’s business confederation has expressed strong support for the newly signed trade agreement with the European Union, calling it a major diplomatic and economic achievement that reinforces Morocco’s position as a key partner in Euro-Mediterranean cooperation. The accord also highlights......

EU and Morocco renew agricultural partnership with updated agreement

Rabat and Brussels have strengthened their long-standing cooperation with the signing of an amended agricultural agreement, reinforcing trade and economic ties between the European Union and Morocco. The European Commission highlighted the “deep friendship” and “solid, multidimensional......

Morocco evaluates EU carbon border mechanism's impact on exports

Morocco’s Economic, Social, and Environmental Council (CESE) has released its formal analysis of the European Union’s Carbon Border Adjustment Mechanism (CBAM), outlining its implications for Moroccan exports. The findings, presented during a session in Rabat, reflect the Council's participatory......

Morocco poised to supply 50% of Europe’s electricity needs with renewable energy

Morocco’s renewable energy potential could meet up to 50% of the European Union’s electricity demand, according to Ryad Mezzour, Morocco’s Minister of Industry and Commerce. In an interview with Italian newspaper La Verità, Mezzour highlighted Morocco’s ability to mobilize......

ONSSA denies suspension of cherry tomato exports to the EU

On September 10, 2025, Dutch health authorities issued an alert through the European Rapid Alert System for Food and Feed (RASSF), numbered 2025.6942, regarding the presence of metals in a batch of cherry tomatoes exported from Morocco. The batch in question was immediately removed from the market as......

Shell abandons major biofuel plant in strategic shift

Shell has officially canceled plans to build one of Europe’s largest biofuel facilities in Rotterdam, marking a significant retreat from renewable fuels. The decision reflects challenging market conditions and a broader strategic pivot toward fossil fuel investments. The British energy giant announced......

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