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Keywords: Free trade


Morocco unanimously elected to lead 57th session of the UN Economic Commission for Africa

Morocco has been unanimously elected to preside over the 57th session of the United Nations Economic Commission for Africa (ECA) and the Conference of African Ministers of Finance, Planning, and Economic Development. This decision, made on Wednesday in Addis Ababa, reflects the trust member states have......

Morocco: A rising power in the automotive industry

Morocco is emerging as a key player in the automotive industry in Africa and the Mediterranean region, according to the Spanish daily Mundo Deportivo. The country has positioned itself as a major production and export hub, supplying vehicles to over 70 countries, including France, Spain, and Italy.......

U.S. tariffs impact Argentine steel industry: 1,000 jobs cut

The recent imposition of a 25% tariff on steel and aluminum imports by the United States is already affecting Argentina. On Wednesday, an Argentine steel company announced the dismissal of 1,000 workers in response to the new trade measures. Acindar, a subsidiary of the Indian group ArcelorMittal, reached......

Morocco's emerging role shapes African economic resilience

A recent UN Trade and Development (UNCTAD) report highlights Morocco's strategic position in Africa's economic landscape while identifying key challenges and opportunities for growth. The 2024 Economic Development in Africa Report emphasizes how targeted reforms and investments could strengthen......

African parliaments rally behind transformative Atlantic initiative

Speakers of the parliaments of African Atlantic States have unanimously endorsed the Atlantic African States Process (AASP), an initiative spearheaded by King Mohammed VI. The Rabat Declaration, issued at the conclusion of their meeting on Thursday in Rabat, highlighted the ambition to transform the......

African trade integration emerges as key driver for continental prosperity

African nations are poised for significant economic transformation through the African Continental Free Trade Area (AfCFTA), with projections showing a potential 7% increase in continental GDP by 2045, equivalent to $450 billion in growth. The initiative aims to create a unified market across 54 states......

Morocco Eyes MAD 12 Billion Export Opportunity in African Markets

Title: "Morocco Eyes MAD 12 Billion Export Opportunity in African Markets"   Morocco's untapped export potential to African markets stands at MAD 12 billion, according to Omar Hejira, Secretary of State for Foreign Trades. Currently, Moroccan exports to Africa represent only 7.6%......

Ghana Eliminates Visa Requirements for Moroccan Citizens, Boosting African Economic Integration

Ghana has announced a significant policy change that will allow Moroccan nationals to enter the country without obtaining a visa, effective January 1, 2025. The decision, announced by authorities in Accra, marks a substantial shift in Ghana's immigration policy and aims to strengthen economic ties......

Morocco Launches AfriDou@ne Platform to Enhance African Customs Collaboration

Morocco's Administration of Customs and Indirect Taxes (ADII) has unveiled a groundbreaking initiative aimed at transforming customs operations across Africa. The newly launched "AfriDou@ne" program, a cornerstone of ADII's 2024-2028 Strategic Plan, represents a significant step toward......

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