In the first five months of 2023, Morocco and Israel’s trade witnessed a significant rise, as it has more than doubled compared to the same period in 2022n reported by The Jerusalem Post.
Trade between the two countries from January to March 2023 went up by 110%, demonstrating the growing ties between the Abraham Accords nations, as the same media showed increased numbers of trade with other countries besides Morocco.
However, the deputy director of the Abraham Accords Peace Institute, David Aaronson, believes that these trade numbers are far below what they could be or should be.
He explained how the opportunities of Abraham Accords trade are yet to reach their full potential, “In fact, they have only scratched the surface.”
According to Aaronson, “One of the highest potential areas where commerce can be increased is through the expansion of an overland trade route linking Israel’s ports to those of the Gulf.”
Previously, it was recorded that Morocco-Israel trade surged by 150% in the first four months of 2023.
In April alone, the value of these exchanges reached approximately $4 million, marking a notable increase of over 15.5% compared to the same period in 2022.
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.