Prime Minister Aziz Akhannouch, in response to questions from parliamentarians today, emphasized that despite the sector’s outstanding performance, “we still have a strong political will to develop it. This is reflected in the new governmental structure, where we established a ministry dedicated to foreign trade.”
During his remarks at the monthly parliamentary question session, which focused on “The Central Role of the Foreign Trade Sector in the Development of the National Economy,” Akhannouch noted that the newly appointed Secretary of State for Foreign Trade will work on developing a new vision for the sector—a short-term vision aimed at enhancing the national economy’s performance abroad.
Akhannouch highlighted that this will be done in consultation with professionals and stakeholders in the sector, adding, “We will announce this strategy in the coming months.” He stated, “We can increase the added value of national exports by approximately 100 billion dirhams if national companies enter new markets to export their products.”
He stressed that the government will support small and medium-sized enterprises (SMEs) to enable them to export, particularly by helping them meet standards and obtain certifications, which will facilitate their access to global export markets. He noted that Morocco is currently engaged in 12 free trade agreements.
The Prime Minister pointed out that, overall, the free trade agreements have been positive, although some agreements present challenges, which the government will address after evaluating them.
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