Morocco has gained three places in the Global Enabling Trade Report ranking as the second most trade friendly country in Africa. Morocco jumped in the report, issued by the World Economic Forum, from the 52nd place in 2014 to the 49th in 2016 coming ahead of South Africa (55th), Tunisia (91st), Egypt (116th), Algeria (121st) and Nigeria (127th). At the continental level, Morocco shows the way in terms of facilitating international trade as it came second, only advanced by Mauritius. The ‘Global Enabling Trade Report 2016’ — published by WEF and the Global Alliance for Trade Facilitation — assesses the performance of 136 economies by way of Enabling Trade Index (ETI). At the international level, Singapore tops the ranking followed by the Netherlands and Hong Kong.

Source: The North Africa Journal December 01, 2016 18:35 UTC