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Keywords: Trade


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......

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.......

Trade partnership reaches new heights: Morocco-Spain commercial ties soar in 2024

Spain and Morocco's bilateral trade has shown remarkable growth in the first ten months of 2024, according to recent data from the Spanish State Secretariat for Trade. Spanish exports to Morocco reached €10.843 billion, marking a 6.8% increase, while Moroccan exports to Spain grew by 9.1% to......

Morocco Strengthens Position as Spain's Key Fresh Produce Supplier

Morocco has solidified its position as Spain's primary source of fresh fruits and vegetables, with exports reaching EUR 801 million between January and October 2024. This represents a significant 13% growth compared to the same period in 2023, according to Hortidaily reports. Spanish fresh produce......

Islamic Trade Center to Host Key Economic Summit in Morocco

The Islamic Center for Development of Trade (ICDT) will convene its 23rd annual meeting of Economic Advisors from Organization of Islamic Cooperation (OIC) member states on January 23 in Rabat, Morocco. The gathering brings together diplomatic representatives to discuss trade initiatives and economic......

Spain and Morocco Strengthen Trade Ties with Record-Breaking Growth

Rabat – Trade relations between Spain and Morocco continue to flourish, with recent data indicating a likely fourth consecutive year of record-breaking foreign trade between the two countries. Reports highlight Morocco's strong trade performance with Spain, emphasizing the robust bilateral......

Morocco's Russian Grain Imports Surge Ninefold in 2024

Morocco has emerged as a major purchaser of Russian grain through the West Siberian Railway (WSR), with imports reaching 514,000 tons in 2024—nearly nine times the volume recorded in 2023, according to African Initiative. WSR has achieved remarkable growth in its grain export operations, setting......

Trudeau Dismisses Trump's Annexation Remarks as a Distraction Strategy

On January 9, Canadian Prime Minister Justin Trudeau criticized U.S. President-elect Donald Trump for suggesting the possible annexation of Canada, calling it a diversionary tactic aimed at shifting focus away from the repercussions of proposed tariffs. Trump recently announced plans to impose a 25%......

Morocco's Apple Imports Hit $65M Peak as Global Varieties Gain Ground

Morocco's apple imports reached unprecedented levels in 2024, with 9,300 tons valued at $65 million imported during the first ten months, marking the highest figure since 2011. This 50% volume increase from 2020 reflects evolving consumer preferences in the Moroccan market. Despite ranking second......

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