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Keywords: Trade
Morocco's trade deficit expanded to 196.85 billion dirhams ($19.3 billion) by the end of August 2024, marking a 3.2% increase from the previous year. This widening gap between imports and exports highlights the ongoing challenges faced by the North African nation in balancing its international trade. The......
In a significant diplomatic meeting in Washington, U.S. Secretary of State Antony Blinken and Moroccan Foreign Minister Nasser Bourita convened to reinforce the strategic partnership between their nations. The talks, which took place at the State Department, highlighted the importance of US-Morocco relations......
Morocco's economy faced a challenging landscape in the second quarter of 2024, with growth slowing to 2.4%, down from 2.5% in the same period last year. This slight deceleration masks significant shifts across various sectors, painting a complex picture of the nation's economic health. Primary......
Morocco is taking significant steps to bolster its textile industry by forging stronger partnerships with China, a global powerhouse in textile manufacturing. This strategic move comes as part of Morocco's broader efforts to attract foreign investment and position itself as a key industrial hub in......
The United States Ambassador to Morocco, Bonnet Talwar, has highlighted the significance of Morocco's free trade agreements with Europe and the United States, positioning the country as a vital bridge between continents and an attractive destination for foreign investment. During a statement made......
In a significant diplomatic engagement, Moroccan Prime Minister Aziz Akhannouch, accompanied by Foreign Minister Nasser Bourita, met with Spanish Prime Minister Pedro Sánchez during the High-Level Week of the 79th session of the United Nations General Assembly in New York. This meeting underscores......
In a recent diplomatic initiative, Morocco's Ambassador to Jordan, Mr. Mohamed Sghir Benm'hammed, has urged both nations to capitalize on their underperforming yet promising investment opportunities. The ambassador's remarks, delivered at a business forum in Amman, highlight the untapped......
In a significant blow to international drug syndicates, Moroccan authorities have demonstrated their unwavering commitment to combating illicit drug trafficking. The recent seizure of over 8 tons of cannabis highlights the country's resolute stance against this pervasive issue. The operation, conducted......
The Israeli automotive sector, heavily reliant on imports, is shifting its focus to Morocco to meet growing demand, according to recent reports from the Israeli economic news site 'Calcalist'. In the coming months, Israel anticipates receiving Peugeot 208 vehicles from Stellantis production facilities......
