With the same concessions as in the Association Agreement between Morocco and the European Union, the first effect came a year after “Brexit”, when Morocco entered into a new trade agreement with Britain, revealing Morocco’s trade imports into the United Kingdom, particularly food items.
Today, Sunday, the British Embassy in Morocco stated that food exports from Morocco to the United Kingdom have increased by about 40% since January 2021.
Morocco’s food imports to Britain mainly include cylinders, tomatoes and fruits, the latter of which, by 2020, accounted for 32 per cent of total British imports from Morocco.
At the end of 2020, Morocco and Britain announced that they would temporarily implement the Trade Partnership Agreement between the two countries from January 2021.
According to a joint statement issued by the two governments, the two parties exchanged verbal notes in Rabat, the Moroccan capital, on the temporary implementation of the agreement signed in October 2019 in the British capital, London.
According to the report, the agreement confirms the continuation of trade transactions between Morocco and the United Kingdom, beginning in 2021, with the same concessions as in the Union Agreement between Morocco and the European Union.
The report states that the agreement “guarantees to Moroccan and British companies having economic and trade relations in all areas of cooperation, and that investment relations will continue within the framework of the agreement between the two Governments for mutual promotion and protection.”
According to the declaration, the two countries reaffirmed their commitment to further strengthen their relations and enhance cooperation with a view to establishing a comprehensive strategic partnership.
Britain officially left the EU at the end of 2020, which required urgent intervention to conclude a new trade exchange agreement with Morocco. European union.
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