The Minister of Industry, Moulay Hafid Elalamy, said that Morocco will produce better quality masks for export.
"If ever we plan to sell abroad, it will be with better quality masks that will create jobs," said MHE, who visited one of the country’s mask production plants, Soft Tech. According to the minister, the masks that will be produced will be subject to quality control by the Moroccan Institute of Standardization (IMANOR), to ensure their compliance with international standards. (…)
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Morocco to Produce High-Quality Face Masks for International Export
11 April 2020, by Sylvanus -
Morocco Restricts Food Exports to Combat Inflation Ahead of Ramadan
18 February 2023, by SaidMorocco has announced a series of measures to fight inflation and stabilize food prices, particularly for fruits and vegetables, before the start of the month of Ramadan. These measures include restricting the export of these products, as well as strengthening price controls and fighting speculation.
Government spokesman Mustapha Baitas said the priority is now given to the domestic market and that the export of food products such as tomatoes, onions and potatoes will be restricted until (…) -
Alibaba Launches First African Site in Morocco, Eyeing Export Growth
20 December 2024, by SylvanusOn the sidelines of a launch event organized in partnership with the Moroccan Confederation of Exporters (ASMEX) and the Moroccan Agency for Investment and Export Development (AMDIE) in Casablanca, Alibaba, the Chinese e-commerce giant, has officially entered the Moroccan market.
Alibaba now has its first site in Africa. The launch event held on December 18 brought together representatives of the Chinese e-commerce giant, Moroccan companies and representatives of government agencies (…) -
Spanish Sheep Exporters Turn to Algeria After Morocco’s Eid Sacrifice Ban
5 April, by SylvanusKing Mohammed VI’s call not to sacrifice sheep during Eid al-Adha has put Spanish breeders and exporters in difficulty. They are counting on selling their sheep in Algeria.
Algeria, the alternative for Spanish exporters? In late February, King Mohammed VI had, in a message, invited Moroccans not to celebrate Eid al-Adha this year, due to the effects of the drought on the national herd. A royal call widely acclaimed on social media and welcomed by many Moroccans. Moroccan breeders, on the (…) -
Morocco’s Exporters Race to Prepare for EU Carbon Tax Deadline
8 April, by SylvanusAs 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 (…) -
Morocco Eyes Trade Opportunity as Trump Tariffs Hit EU, China Harder
9 April, by SylvanusWhile Moroccan exports to the United States will be subject to a 10% tariff - a relative leniency - as part of a new trade policy unilaterally decided by the Trump administration, those of the European Union and China will face a much heavier tariff hike, respectively 20% and up to 34%. An opportunity for Morocco?
In 2004, Morocco signed a free trade agreement with the United States. An advantage for the country that could benefit from the duties imposed on the EU and Asian powers. (…) -
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 (…) -
Far-Right Vox Party Slams Morocco’s High Tariffs on Spanish Exports, Demands Government Action
10 April, by PrinceThe far-right party Vox denounced on Wednesday the exorbitant tariffs of up to 200% imposed by Morocco on Andalusian products, calling on the Spanish government to act to end this situation.
The deputy spokesman of the Vox parliamentary group in Andalusia, Rodrigo Alonso, denounced on Wednesday, during a press conference, the silence of the government of Pedro Sánchez in the face of this alleged commercial inequality that has persisted "for a long time". "For the goat meat that we export (…) -
Morocco Raises Annual Tourist Allowance to 45,000 Dirhams, Eases Foreign Exchange Rules
2 January 2019, by SaidThe tourist allowance will increase to 45,000 dirhams per year starting January 14, the Foreign Exchange Office said in a statement.
This allowance will increase to "45,000 dirhams per calendar year with a 10% supplement on income tax, all capped at 100,000 dirhams," the office specifies, which has just taken several measures to relax and liberalize several current operations, including travel, imports or exports of goods and services.
The advance payment of goods imports increases to (…) -
Algeria Plans to Sell Surplus Electricity to Morocco and Tunisia Through Spanish Market
16 January 2019, by Said"The issue of electricity exports is an old one, it goes back several years. The novelty in this file is that Algeria will go to the market to sell its surplus electricity to Tunisia and Morocco," he said in a statement to the APS news agency.
"This surplus, we will commercialize it, we must be ready for that with the preparation of the networks and the implementation of the necessary protection measures in order to sell, provided that it is put on the market," he added, recalling that his (…)