State Secretary for Foreign Trade, Omar Hajira, announced on Monday that Moroccan exports to Egypt are expected to rise significantly, from MAD 755 million currently to MAD 5 billion by 2027.
The statement came during a parliamentary session in response to a question from the National Rally of Independents on trade talks with Egypt.
Hajira highlighted that a Moroccan delegation of over 40 exporters and business leaders recently visited Egypt, resulting in more than 200 direct meetings with Egyptian counterparts. These encounters led to preliminary agreements, with broader implementation expected in the near future.
The official noted substantial growth in Moroccan car exports to Egypt, rising from 400 to 3,000 units, with projections reaching 5,000 units this year and 8,000 by 2026. He emphasized a shared commitment to improving the bilateral trade balance.
add your comment
Terms of publication : Not to offend the writer, people, sacred things, or attack religions or the divine self, and refrain from racist incitement and insults.