EN/FR
Bladi.net
Topic

France

Agreement between Morocco and France on Transfers of Moroccans Residing Abroad (MREs)
Morocco

Agreement between Morocco and France on Transfers of Moroccans Residing Abroad (MREs)

It is a Sword of Damocles weighing on 130 billion dirhams. The European directive threatening to asphyxiate Moroccan bank subsidiaries in the Old Continent is entering a critical phase. Faced with the urgency, Abdellatif Jouahri is playing the card of pragmatism: a "positive" agreement is concluded with France, but it remains suspended on the decisive green light from the European Commission to become the shield of the entire diaspora.