As Morocco prepares for the entry into force of the European carbon tax, many Moroccan companies are still lagging behind. Loïc Jaegert-Huber, regional director of ENGIE North Africa and president of the Clean Energy Commission of the Moroccan Association of Exporters (ASMEX), speaks about the issues.
In Morocco, the Carbon Border Adjustment Mechanism (CBAM) will come into force in less than a year. Some Moroccan companies are already active. "Awareness is real, but the level of (…)
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Morocco’s Exporters Race to Prepare for EU Carbon Tax Deadline
8 April, by Sylvanus -
Casablanca Taxi Drivers Protest Outdated Fares, Demand Rate Increase
2 October 2024, by SylvanusDuring a demonstration organized in Casablanca, taxi drivers and owners expressed their opposition to the rates they consider unsuitable for their needs. They also denounced the delay in subsidies and unfair competition from other modes of transport.
Last weekend, taxi drivers and owners expressed their anger at the fares that have been applied for more than 20 years for transporting passengers between the different neighborhoods of the city, despite the increase in fuel prices and the (…) -
Morocco Aims to Boost Date Production Amid Climate Challenges and Growing Demand
2 October 2023, by PrinceMorocco is the seventh largest producer of dates in the world, with a volume of 170,000 tons per year. However, challenges remain to develop the sector and meet domestic demand.
Morocco still fails to meet its needs in dates. The reasons are drought, diseases, outdated production and distribution methods, reports the weekly Finances News cited by Le360, to keep up with the news of the International Date Palm Fair scheduled in Erfoud, Morocco, from October 3 to 8, 2023.
The state and (…) -
Morocco Bans Unjustified Online Payment Fees to Boost Digital Economy
27 October 2023, by SaidThe Competition Council has issued a warning: service fees added to online payments in several economic sectors have no justification. These additional costs, according to the Council, hinder the digitalization of the economy and weigh heavily on the budget of consumers.
In response, the Council has asked companies to stop these practices, organizing meetings with the relevant authorities and operators. The goal is to ensure that everyone respects the rules and stops charging these (…) -
US to Review Tariffs on Moroccan Phosphate Fertilizers, Potentially Easing Trade Tensions
3 April, by SylvanusSince 2021, the imposition of countervailing duties on Moroccan phosphate fertilizers has created trade tensions. Washington could once again review these duties.
Towards a reduction or even elimination of the levies? According to the U.S. Department of Commerce, there will be the opening of a new administrative review on the countervailing duties applied to phosphate fertilizers from Morocco. This review concerns the case C-714-001 relating to Moroccan phosphate fertilizers, of which the (…) -
U.S. Imposes 10% Tariff on Moroccan Exports, Signaling Shift in Trade Policy
5 April, by SylvanusWhile a free trade agreement has linked Morocco and the United States since 2004, the Trump administration is imposing a 10% tariff on Moroccan exports, which will come into effect this Saturday, April 5. This American decision will not be without consequences on the trade balance.
"It is clear that this American decision to tax certain imported products at 10% is not just a commercial adjustment. It is a strong signal, which announces a more assumed and more structured protectionist turn (…) -
Morocco’s Organic Farming Sector Faces Challenges in Global Market Expansion
27 June 2019, by Bladi.netIn its desire to carve out a place for itself on the world market, "Made in Morocco" organic products are facing several bottlenecks, including the cost of inputs, domestic demand, seeds and the legal void.
To position itself comfortably internationally and give itself a visibility that contributes to further promoting Moroccan know-how in the field of organic products. This is the dream cherished by the managers in charge of the "Made in Morocco" management. And to achieve it, Morocco is (…) -
Morocco’s Customs Revenue Surpasses 100 Billion Dirhams, Marking Record Performance
2 July 2019, by Bladi.netCustoms revenue in Morocco has just crossed the 100 billion DH mark. Proof of profitability highlighted by quality services.
This performance of the Moroccan customs is to be credited to the competitiveness of its services. These are part of a dynamic of constant improvement, in order to satisfy an ever-growing clientele.
This important link in the national economy recorded, according to L’Observateur, a record performance in 2018, exceeding the symbolic bar of 100 billion DH. An (…) -
Morocco Ranks 4th in MENA Region for Foreign Investment Attraction
10 July 2019, by Bladi.netThe major efforts undertaken by Morocco to boost the country’s development have paid off. Indeed, the Kingdom has just been ranked 4th among the countries that attract the most foreign investment in the Middle East and North Africa (MENA) region.
According to the Report of the Arab Investment and Export Credit Guarantee Corporation (Dhaman) for the year 2019, cited by the InfoMédiaire website, Morocco has managed to attract 71 new projects in 2018. These performances position it in 4th (…) -
Tanger-Med Port Expansion Challenges Algeciras’ Dominance in Mediterranean Shipping
13 July 2019, by Bladi.netJust a few days after its extension, the Port of Tanger-Med stands out as one of the best in the Strait and the Mediterranean, to the point of dethroning its Spanish neighbor Algeciras.
A gladiator fight opposes the Port of Tanger-Med to that of Algeciras. Thanks to its extension, inaugurated just a few days ago, this port complex represents the realization of container traffic on a Mediterranean scale, notes L’Economiste.
Seen as a threat at first, given Algeciras’ supremacy over the (…)