Morocco-Russia free trade agreement to boost exports?

The Minister of Foreign Trade, Mohammed Abbou, has announced a free trade agreement between Russia and Morocco. He said that a Moroccan-Russian committee has been created to discuss the project. Hassan Sentissi, President of ASMEX (Moroccan exporters association) says that this decision will “encourage exports to Russia and develop niches (markets that are not yet developed, ed.) so that our exchanges are more or less balanced. It is an asset for us”.

Morocco is Russia’s main commercial partner on the African continent and they mainly export citrus fruit, vegetables and frozen sardines.

In 2013, Russia was Morocco’s 16th client and their 6th supplier. Morocco was Russia’s 53rd supplier and 50th client.

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