The United Kingdom is “committed” to strengthening its trade with Morocco, which has almost doubled in the past year, British Trade and Commerce Minister Nigel Huddleston said on Thursday.
By 2022, we will reach £3.1 billion worth of bilateral trade, an increase of almost 50% in 2021, the UK official said, adding that London will use the deal.
Addressing the British Parliament, Mr Huddleston recalled that during his visit to the kingdom in February, he discussed ways to remove barriers and maximize exchanges in priority areas such as education, renewable energy and infrastructure.
“We are helping UK businesses take advantage of the huge opportunities in Morocco, including the £4.5bn funding available through the Economic Funding Programme,” he concluded.
The Association Agreement between Morocco and the United Kingdom, signed in London on October 26, 2019, entered into force on January 1, 2021.
It restores, in the context of bilateral relations, all the results mutually granted by the two countries within the framework of the Morocco-EU agreement. It ensures the continuity of exchanges between Morocco and the United Kingdom after December 31, 2020.
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