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Economy



US and China reach new trade agreement

President Donald Trump announced that the United States and China have recently signed a trade deal aimed at resolving the ongoing trade conflict between the two largest global economies. Speaking at a White House event on Thursday evening, Trump confirmed the signing but did not offer further details.......

Morocco launches major lithium battery materials plant to support EV growth

Morocco has announced the inauguration of its first lithium-ion material manufacturing plant in Jorf Lasfar, a significant step in the country’s push to become a global leader in green technology and electric vehicle (EV) production. The facility, developed by COBCO—a partnership between......

US reaffirms commitment to Lobito Corridor project at USA-Africa Business Summit

During the USA-Africa Business Summit held in Luanda, United States officials reiterated their strong commitment to the Lobito Corridor project. This major railway link connects the port of Lobito in Angola to the Katanga province in the Democratic Republic of Congo and Zambia’s Copperbelt region. Troy......

Morocco highlights economic leadership at US-Africa Business Summit in Angola

Karim Zidane, Morocco's Investment Minister, is representing King Mohammed VI at the 17th US-Africa Business Summit, which commenced in Luanda, Angola. The event brings together over 1,500 participants, including African heads of state, ministers, economic leaders, and private sector representatives,......

Morocco to renegotiate free trade pact with Turkiye amid trade deficit concerns

Morocco is preparing to reassess its free trade agreement (FTA) with Turkiye as it seeks to address a growing trade deficit, which has reached alarming levels due to significant imports of Turkish textiles and fabrics. According to sources close to the matter, Moroccan officials aim to push for increased......

Morocco and US bolster trade security with new container security agreement

Morocco and the United States have strengthened their customs cooperation by signing a new bilateral Container Security Initiative (CSI) agreement in Rabat. This initiative aims to enhance cargo security while facilitating the increasing volume of trade between the two nations. The agreement, which......

Morocco strengthens its position as a global aerospace hub with ambitious plans for growth

Morocco is solidifying its status as a global leader in the aerospace industry, with 150 companies operating nationwide and generating an annual revenue of €2.5 billion. The sector currently employs 26,000 professionals and is poised for significant expansion in the coming years. A growing aerospace......

Boeing strengthens aerospace ties with Morocco through new partnership

American aerospace leader Boeing is solidifying its relationship with Morocco's aviation sector at the 55th International Paris Air Show, taking place from June 16 to 22. This partnership highlights Boeing's commitment to enhancing its global supply chain while supporting the burgeoning aerospace......

Strengthening cargo security: Morocco and the United States deepen strategic cooperation

Abdellatif Amrani, Director General of the Moroccan Customs and Indirect Tax Administration, and Donald Conroy, Executive Director for International Operations and Advisory at the U.S. Customs and Border Protection, signed a Declaration of Principles in Rabat confirming Morocco’s participation......

US and UK Seal Trade Deal While Steel Dispute Remains

KANANASKIS, Alberta — On the sidelines of the G7 Summit in Canada, U.S. President Donald Trump and UK Prime Minister Keir Starmer announced the signing of a new trade agreement aimed at easing certain tariffs between the two nations. The deal marks a step forward in efforts to finalize a comprehensive......

Boeing deepens ties with Morocco through aerospace partnership

Boeing has solidified its presence in Morocco’s aerospace sector by partnering with Casablanca Aéronautique, a subsidiary of France's Figeac Aéro Group, to produce machined parts for the 737 MAX aircraft. The agreement reinforces Boeing’s long-standing engagement in the......

China’s tariff exemption on African imports offers Morocco a chance to shrink trade deficit

Economic experts in Morocco view China’s recent removal of customs duties on imports from African countries as a significant chance for Morocco to address its longstanding trade imbalance with China. Despite Morocco achieving record exports worth $1.3 billion to China last year, this amount remains......

Elites under scrutiny: wealth concentration fuels public discontent

The growing influence and wealth of global elites have become a focal point of public frustration, straining the social fabric amid rising inequality. This tension manifests across continents, with economic disparities and elite dominance reshaping political and cultural landscapes. Elite universities......

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