Algeria feels impact of its Morocco ports boycott – The North Africa Post - News Summed Up

Algeria feels impact of its Morocco ports boycott – The North Africa Post


Algeria’s boycott of all Moroccan ports has backfired as the country backpedals by excluding fresh produce and meat from the decision. Last month, Algeria asked its banks to stop financing any import operation of goods transiting through Moroccan ports. Tanger Med has become a key hub for the shipping industry requiring deep water ports. The decision is part of desperate economic warfare tactics staged by Algeria since the duo Chengriiha-Tebboune took power in Algiers. Trade between Morocco and Algeria is already at a very derisory level and the Algerian decision will only have a very minimal impact on Tanger Med port, which prepares for yet another expansion taking advantage of its strategic location.


Source: The North Africa Journal February 01, 2024 11:03 UTC



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