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Keywords: Bilateral Trade


BBVA gains approval for Banco Sabadell acquisition in Morocco

Spain’s second-largest bank, BBVA, has received approval from Morocco's central bank, Bank Al-Maghrib, for the indirect change in control of Banco Sabadell’s operations in the country. This development marks a significant step in BBVA's broader strategy to enhance its presence in......

Morocco's trade relationship with Spain reaches historic highs

Morocco has firmly established itself as Spain’s foremost African trading partner, achieving remarkable bilateral trade figures in 2024. Recent data from the Spanish Ministry of Economy, Trade and Enterprise reveals that trade between the two nations surged to €22.7 billion, marking a significant......

Morocco-Kazakhstan visa exemption to boost trade, tourism, and cooperation

Morocco and Kazakhstan have announced that their visa exemption agreement will officially take effect on March 19. This milestone positions Morocco as the first African country to enact such an agreement with Kazakhstan, reflecting the strengthening of bilateral ties between the two nations. The agreement,......

Morocco and Egypt strengthen trade ties with fast track system

Morocco and Egypt have taken significant steps to enhance their bilateral trade relations through the establishment of an Egyptian “Fast Track” system, aimed at streamlining access for Moroccan exports to Egyptian markets. According to a statement from Morocco’s Ministry of Industry......

Spain and Morocco strengthen economic ties ahead of 2030 World Cup

Spain's Secretary of State for Trade, Amparo López Senovilla, has concluded a successful two-day official visit to Morocco, focused on enhancing commercial cooperation between the two nations in preparation for the 2030 FIFA World Cup. During her visits to Casablanca and Rabat, López......

Colombian Congress urges government to reconsider stance on Morocco's Sahara issue

The Colombian Congress has reaffirmed its steadfast support for Morocco in the ongoing Sahara issue, with Senator Efraín Cepeda, President of the legislative body, emphasizing the need to strengthen Colombia's bilateral trade and diplomatic ties with the North African nation. In a statement......

US Tariffs Threaten Canadian Jobs: A Major Economic Challenge

The announcement of new trade policies by the United States is raising alarm across Canada, with hundreds of thousands of jobs potentially at risk. The newly elected U.S. President, Donald Trump, has declared plans to implement a 25% tariff on all Canadian and Mexican goods immediately upon taking office.......

Spain-Morocco Trade Deal Sparks Debate Over Melilla Customs Framework

Spanish authorities have announced significant progress in negotiations with Morocco regarding customs operations at Ceuta and Melilla, marking a crucial shift in bilateral trade relations. The development comes as both nations work to establish a modernized customs framework, though the initiative has......

Direct Flights Between Libya and Morocco to Resume in 2025, Boosting Regional Connectivity

Morocco and Libya are set to restore direct air routes in 2025, marking the end of a decade-long flight suspension between the two North African nations. The announcement emerged from high-level talks in Rabat between Libyan Unity Government's Transport Minister Salem Al-Shahoubi and Moroccan Minister......