Morocco, the EU’s main partner, attaches importance to the European Union’s carbon border tax project. The kingdom is also deploying huge resources for its decarbonization and to comply with this mechanism, which involves its competitiveness.
With a wide variety of about 4,200 plant species, including 600 medicinal and aromatic plants, Morocco is ranked second worldwide. The kingdom thus comes after Turkey, the world’s leading producer of these plants found in many fields.
Adil Boullaili, the owner of the textile factory in which several workers died in a flood on February 8 in Tanger , was heard by the police. The man is one of the survivors of this tragedy that has shocked Moroccans.
The Moroccan Association of Human Rights (AMDH) is calling on the government and demanding that those responsible for the Tanger tragedy be sanctioned to the scale of the loss caused to the families.
Local authorities in Casablanca have proceeded to close dozens of industrial units that have been operating legally for years. A decision with heavy consequences for the owners of these exporting companies, who intend to bring the matter to court.
Since the normalization of relations between Morocco and Israel , several projects are in the works. Thus, many personalities from the business world in various sectors of the economy like Joseph Levy, have addressed the issue of the creation of a Chamber of Commerce in Casablanca .
The Moroccan textile industry is one of the sectors hit hard by the health crisis related to the coronavirus raging in the kingdom and in the European countries, the main outlets for Moroccan exports. The Moroccan Association of Textile and Clothing Industry (AMITH) has developed a new vision to adapt the Moroccan offer to the new international sourcing map.
The Moroccan automotive industry must be a true model for other African countries. This is the conclusion of a recent World Economic Forum report entitled "Connecting Countries and Cities for the Regional Value Chain Integration of the AfCFTA" and carried out in collaboration with the Deloitte firm.
A $100 million fund dedicated to Moroccan small businesses has been created by the United States. The initiative comes from the International Development Finance Corporation (DFC) in collaboration with SEAF Global.
Morocco has just signed with two Japanese groups, Yazaki and Sumitomo, two memoranda of understanding for the creation of four factories in the automotive sector for a total investment of 912 million dirhams. These factories will generate 8,300 jobs.
The current movement that industrial value chains are adhering to could be beneficial for Morocco. In an interview with the MAP agency, Amine Laghidi, president of the Moroccan Association of Exporters (Asmex) center, addresses the challenges of this relocation and the interest of co-industrialization between different economies and the Kingdom.
The performance expected in 2020 in the automotive sector was quickly drowned with the arrival of Covid-19. However, the three months following the post-lockdown period made it possible to get back on track, according to Adil Bennani, president of the Association of Automotive Vehicle Importers in Morocco.