Morocco to revise FTA with Turkey
Feb '20
The agreement covered textiles, steel and household appliances.
However, Morocco has been struggling to achieve the objective due to red tape and laws hampering the entry of Moroccan products into the Turkish market, according to a news agency report.
In 2018, Morocco recorded a trade deficit of MAD18 billion (about $1.8 billion) with Turkey. The textile sector has suffered a heavy loss with the number of job losses growing from 19,000 in 2014 to 44,000 in 2017.
Fibre2Fashion News Desk (DS)
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