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  Foreign trade
Morocco's exports to EU increase 6%
  23/12/2009
 
 
 
 
Morocco's exports to the European Union (EU) increased by an average annual rate of 6% between 2000 and 2008, that is rising from MAD 59.6 billion to MAD 92.2 billion.

Speaking at the parliament on Tuesday, Morocco's Foreign Trade Minister, Abdellatif Maazouz, said that the Kingdom's imports from the EU increased 11% in the same period, from MAD 72.4 billion in 2000 to MAD 168.8 billion in 2008.

Talking about the free trade agreements that Morocco has signed, Maazouz stressed that they have significantly boosted foreign direct investments (FDI).

He explained that the EU is Morocco's main source of FDI, 80% of them between 2000 and 2008, mostly from France and Spain (63%).
 
  By CMC
 
   
 
   
 
 
     
     
 
 
     
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