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Keywords: Trade


Morocco’s foreign direct investment surges 55%: $1.64 billion in 2024

Foreign direct investment (FDI) in Morocco rose significantly in 2024, reaching $1.64 billion—a 55% increase from $1.05 billion in 2023—according to the World Investment Report 2025, published by the United Nations Conference on Trade and Development (UNCTAD). This marks a critical milestone......

Morocco to renegotiate free trade pact with Turkiye amid trade deficit concerns

Morocco is preparing to reassess its free trade agreement (FTA) with Turkiye as it seeks to address a growing trade deficit, which has reached alarming levels due to significant imports of Turkish textiles and fabrics. According to sources close to the matter, Moroccan officials aim to push for increased......

Morocco and US bolster trade security with new container security agreement

Morocco and the United States have strengthened their customs cooperation by signing a new bilateral Container Security Initiative (CSI) agreement in Rabat. This initiative aims to enhance cargo security while facilitating the increasing volume of trade between the two nations. The agreement, which......

Morocco positioned to lead intra-African trade

Morocco is set to play a pivotal role in boosting trade within Africa, according to Adam Elhiraika, director of the Economic Commission for Africa at the United Nations. Speaking during the fifth edition of an economic forum in Fès, he highlighted Morocco's unique potential to benefit from......

China strengthens ties with Central Asia at Astana summit

Chinese President Xi Jinping attended the second China-Central Asia summit held in Astana, Kazakhstan, from June 16 to 18, aiming to deepen cooperation and bolster strategic ties with the region. The summit brought together the leaders of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan......

Moroccan authorities seize over 7 tonnes of cannabis at Tangier Med Port

Moroccan police and customs officials intercepted a significant drug trafficking operation on Monday night at the Tangier Med Port, seizing a total of seven tonnes and 50 kilograms of cannabis resin, locally known as "chira," concealed inside a truck trailer. Details of the operation The......

Morocco strengthens its position as Spain’s top pepper supplier with record exports

Morocco has firmly established itself as Spain’s leading supplier of peppers, achieving a record-breaking export volume of 101.11 million kilos in 2024. This figure represents over 92% of Spain’s total pepper imports, marking an impressive 199.9% increase since 2015, when Moroccan exports......

US and UK Seal Trade Deal While Steel Dispute Remains

KANANASKIS, Alberta — On the sidelines of the G7 Summit in Canada, U.S. President Donald Trump and UK Prime Minister Keir Starmer announced the signing of a new trade agreement aimed at easing certain tariffs between the two nations. The deal marks a step forward in efforts to finalize a comprehensive......

China’s tariff exemption on African imports offers Morocco a chance to shrink trade deficit

Economic experts in Morocco view China’s recent removal of customs duties on imports from African countries as a significant chance for Morocco to address its longstanding trade imbalance with China. Despite Morocco achieving record exports worth $1.3 billion to China last year, this amount remains......

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