
Fez Textile Industry in Crisis: Workers Plea for Government Support
In Fez , the textile sector is doing poorly. Desperate, the textile workers of the city are calling for aid programs for textile companies and an export premium.

In Fez , the textile sector is doing poorly. Desperate, the textile workers of the city are calling for aid programs for textile companies and an export premium.

Create a direct consultation point within the Moroccan Agency for Investment and Export Development (AMDIE). This is what Morocco and Japan have agreed on, on Monday in Rabat, based on the progress of the cooperation.

Morocco and the European Union reiterated, on Friday, February 14, 2020 in Brussels, their commitment to work together for an even stronger partnership in the coming years. This was on the occasion of a meeting between the Minister of Industry, Trade, Green Economy and Digital, Moulay Hafid Elalamy, and the European Commissioner for Trade, Phil Hogan.

While the Minister of Industry, Trade and Green and Digital Economy, Moulay Hafid Elalamy , accuses it of causing the closure of dozens of local stores due to its commercial policy, the Turkish distribution brand, BIM, defends itself.

The opening of a BIM supermarket, a Turkish food retail chain, would lead to the closure of nearly 60 businesses in each neighborhood. A situation that the Ministry of Industry, Trade and Green Economy does not see favorably.

Taoufik Bouachrine , in prison for human trafficking and rape, would intend to sell his press group to Moulay Hafid El Alamy, businessman and Minister of Industry, Trade and Green and Digital Economy. The reason is an impending bankruptcy.

After a meeting with his counterpart, Moulay Hafid Elalamy, Minister of Industry and Trade announced on Wednesday, January 15, 2020, that Morocco and Turkey will revise their Free Trade Agreement (FTA) due to a trade deficit.

Morocco would be facing a huge shortfall due to the consequences of the free trade agreement with Turkey. Losses estimated at several billion dollars, according to the Moroccan Minister of Industry, Trade and Economy, Moulay Hafid El Alamy.

The climate is tense between Morocco and Turkey due to the disagreements stemming from the free trade agreement linking the two countries. This Wednesday, January 13, Ruhsar Pekcan, accompanied by a delegation of Turkish companies, arrived in Rabat, to participate in the meeting of the joint committee of the Turkey-Morocco free trade agreement.

During the weekly question session in the House of Representatives, the Moroccan Minister of Industry, Trade, Green Economy and Digital, Moulay Hafid Elalamy, did not mince his words. Failing to "revise the free trade agreement" with Turkey , Morocco will "simply tear it up", said the minister, who stressed that the kingdom is losing large sums.

It will be difficult, if not impossible, for Morocco to break certain free trade agreements with other countries. And for good reason...

The High Commissioner for Planning, Ahmed Lahlimi Alami, is very upset with certain ministers and officials of the Administration. They would have refused to share data and results of their studies with the HCP.