Spanish Report: Morocco Leads North Africa in COVID-19 Control, Attracting Investors

28 May 2020 – byBladi.net · 1 min read

The proactive measures taken by Morocco to fight the covid-19 pandemic are appreciated internationally. According to a recent Spanish report, Morocco is the only North African country that "best controls the pandemic" thanks to the proactive measures taken by the kingdom since the appearance of the first cases, a report recently published in Spain points out.

According to the MAP, this is a report from the Chamber of Commerce of the Valencia region on the management of the spread of the new coronavirus and the future of exports from the Spanish region to its partners.

This report reveals that Morocco has better managed the pandemic by taking a battery of measures. In doing so, the kingdom positions itself as a "very promising market with huge opportunities" for investors in the post-covid 19 era.

For the Valencia Chamber of Commerce, Morocco has the "most diversified" economy in North Africa, unlike other countries in the region that are directly dependent on oil and tourism revenues. The North Africa region accounts for 10% of Spain’s GDP, it is specified.

While an increase in trade between this autonomous community and Morocco is announced from the second half of the current year, the volume of trade is currently estimated at 1.2 billion euros.

Category: Spain

Keywords:

Spain Valencia Coronavirus in Morocco (Covid-19)