In 2020, due to the ongoing health crisis, trade in goods between Morocco and Europe reached 35 billion euros, down from the last three years. This is what the Delegation of the European Union in Rabat indicated.
The Spanish government has asked the European Commission to ensure compliance with the trade agreement with Morocco , said Fernando Miranda, Secretary General of Agriculture and Food, on Wednesday.
The Spanish agricultural lobby is active in calling for a ban on Moroccan exports to Europe. It claims that the massive influx of these exports is the cause of the drop in sales prices of fruits and vegetables on European markets.
In 2020, the balance of energy exchanges with Algeria and Spain showed a 125% drop, reflecting a 57% decline in exports and a 62.8% increase in imports. This is indicated in a January 2021 economic note from the Directorate of the Treasury and External Finance (DTFE) of the Moroccan Ministry of Economy, Finance and Administrative Reform.
The coronavirus crisis has strongly impacted state revenues. At the end of 2020, they stood at 80 billion DH, said Monday, the head of government, Saâdeddine El Othmani before the deputies of the House of Representatives.
Ukraine could become Morocco’s top wheat supplier in 2021, surpassing France, which has been so far, and Russia. This is at least what the data from the United States Department of Agriculture (USDA) indicate.
The elements of the departmental security of Bordeaux have arrested 10 people, including six who would be involved in the importation of Moroccan cannabis. They are suspected of belonging to a drug trafficking network.
The creation of economic activity zones at the new Dakhla Atlantique Port is a concern for the authorities. These zones will serve as a logistical and economic tool to facilitate the economic and social structuring of southern Morocco.
Imports and exports (automotive, textile and leather and aeronautics) showed a decline of 15.9% and 8.4% respectively at the end of November 2020 compared to the same period in 2019, according to recent statistics from the Office des Changes. However, there is an increase in sales in the agriculture and phosphates and derivatives sectors.
The economic operators of Melilla are working to improve and make more efficient the trade exchanges with the border region of Nador . To this end, the Confederation of Employers of Melilla (CEME) wishes to establish a maritime line between the enclave and the port of Béni Ansar, for a smooth flow of passenger and freight transport.
Morocco has suspended import duties on soft wheat and its derivatives for the period from January 1, 2021 to May 31, 2021.
The association agreement between Morocco and the United Kingdom will enter into force on January 1, recalls a joint Moroccan-British declaration.