The Council of Ministers of the European Union adopted on Monday a decision on the conclusion of the Sustainable Fisheries Partnership Agreement between the EU and Morocco, the related implementation protocol and the exchange of letters accompanying the agreement, thereby paving the way for its future implementation. A substantial part of this contribution will be used to promote the sustainable development of the fisheries economy in Morocco and the Sahara fisheries sector. The texts of both agreements extend European trade preferences to agricultural and fishery products from the southern Moroccan provinces, a major diplomatic victory for Morocco. The same year, 64.6 pc of Morocco’s exports went to the EU, and 56.5 pc of Morocco’s imports came from the EU. Total trade in goods between the EU and Morocco in 2017 amounted to €37.4 billion.

Source: The North Africa Journal March 04, 2019 14:15 UTC