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Keywords: Trade


Morocco and Pakistan Forge Economic Ties Through Aviation and Business Collaboration

In a move to strengthen economic ties and expand bilateral trade, officials from Pakistan and Morocco are set to enter a new era of cooperation. The recent discussions, held at the Federation House in Islamabad, focused on establishing direct flights and fostering robust business partnerships between......

Morocco's Trade Deficit Narrows as Import Costs Drop

Morocco's persistent trade deficit is showing signs of improvement as the cost of imports declines while exports continue to rise. According to the latest figures from the Office d'Exchange (OE), the trade imbalance contracted by 14% in March 2024, with import costs falling by 4% year-over-year......

Morocco's Manufacturing Renaissance Propels Export Surge

Morocco's export sector is undergoing a renaissance, driven by growth in key industries like automotive, aerospace, and electronics. This upward trajectory, along with declining imports, has narrowed the country's trade deficit, providing a significant boost to its economy. Data from the Moroccan......

Mauritania Reverses Tariff Hike on Moroccan Vegetables, Alleviating Trade Tensions

Mauritania has reversed its previous stance on raising customs duties for vegetables imported from Morocco, much to the relief of traders and consumers on both sides of the border. This decision, which came into effect on May 1st, coincides with the expiration of the decree that had originally implemented......

Dakhla-Oued Eddahab: A New Gateway for British Investments in Africa

In a move to strengthen economic ties with the United Kingdom, Moroccan authorities have issued an enthusiastic call to British investors and entrepreneurs. The goal? To highlight the potential of the Dakhla-Oued Eddahab region, which is emerging as a crucial commercial and logistical hub on the African......

Morocco and Spain: A Thriving Multidimensional Partnership Rooted in Shared Ambition

The ties that bind Morocco and Spain extend beyond geographical proximity, reflecting a flourishing partnership built on shared Mediterranean heritage and driven by mutual economic and strategic interests. At the heart of this dynamic relationship is a thriving agricultural cooperation that serves as......

UN Initiates Effort to Protect Vital Minerals Amid Energy Transition

The Secretary-General of the United Nations, Antonio Guterres, announced on Friday the establishment of an Expert Group on Essential Minerals for Energy Transition. This groundbreaking initiative brings together a diverse group of governments, organizations, and UN bodies to develop a set of common......

European Arms Imports Surge Amid Global Power Shifts

European nations have nearly doubled their imports of major arms over the past decade, reflecting shifting global power dynamics. Data from the Stockholm International Peace Research Institute (SIPRI) shows a significant 94% increase in European arms imports between 2014-2018 and 2019-2023. This surge......

A Historic Agreement to Strengthen Economic Cooperation between Morocco and Monaco

A Memorandum of Understanding (MoU) was signed on Tuesday in Casablanca between the General Confederation of Moroccan Enterprises (CGEM), the Monaco Economic Board (MEB), and the Club des Entrepreneurs Monégasques d'Afrique (CEMA), marking a significant step in enhancing economic ties between......

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