Russia – Morocco Bilateral TradeMorocco is Russia’s third biggest trade partner among the countries of the African continent after Egypt and Algeria. The main advantage for companies opening production in Morocco, is the possibility of further export to the countries that Morocco has free trade zone agreements with. Although Russia does not yet have free trade agreements with African countries there are signs that this might be changing. Russia – Morocco Bilateral InvestmentsRussian investments in Morocco are lagging behind its major competitors such the EU, US, and China. Nonetheless, the trade and investment dynamics between Russia and Morocco are on an upward trajectory, while a pending FTA with the EAEU will further enhance bilateral trade volumes.

Source: The North Africa Journal September 06, 2023 11:49 UTC