Fighting fraud, significantly reducing import times and ensuring the quality of imported products to protect consumer safety. This is the objective of the reform implemented by the Ministry of Industry, Trade and Green and Digital Economy to improve the control system for industrial products at import.
Anger and disappointment in the ranks of trade professionals. Faced with numerous shortcomings and above all the indifference of the government, Noureddine El Harrak, president of the National Association of Cafe and Restaurant Owners in Morocco, called for a separation of the trade and industry sectors within the government.
Morocco will record a current account deficit of 3.8% of GDP at the end of this year before easing to 2.6% in 2022. Driven by the automotive, electronics or phosphate sectors, exports are expected to grow by 14.5% in 2021, then increase by 5.6% in 2022.
A delegation of Arab ambassadors, composed of representatives in Rabat from Saudi Arabia, the United Arab Emirates, Oman and Jordan, visited Dakhla . Objective: to take stock of the economic projects launched in the region, particularly in the fisheries sector.
Morocco is considering retaliatory measures against Egypt, accusing it of pursuing a "blocking" policy against Moroccan products. A situation that costs the kingdom some 6 billion DH annually.
The automotive sector is booming despite the Covid crisis. Exports generate a turnover of 80 billion dirhams. With a high production capacity of high-quality vehicles, the kingdom aspires to compete with countries like India and China.
Like other countries, Morocco is facing a worrying delay in its vaccination campaign. To this end, the project of local production of vaccines against Covid-19 is increasingly being considered, both at the state and private levels. In order to defeat the virus, the health authorities wish to depend less solely on vaccine imports.
The British company Predator Oil & Gas announced the resumption of drilling operations on its Guercif I to IV project, in eastern Morocco. A decision motivated by the easing of Covid-19 restrictions and the reopening of borders.
The anti-dumping measures applied to imports of plywood from China will be maintained until next year. This decision aims to protect Moroccan production.
In a few years, electric vehicles will invade the international market. This portends an opportunity for Morocco, which could invest in battery production.
More good news from the Tanger Med port complex, which continues to multiply performances to improve its position in the small circle of leading ports in the world. In the 1st quarter of 2021, it achieved a turnover of 739 million dirhams, up 18% compared to last year.
The general report of the Special Commission on the Development Model (CSMD) officially handed over to King Mohammed VI on May 25 states that digital technology is the first of the five pillars identified by the document to drive development.