Egypt Daily News – Sources have revealed that Morocco has halted the entry of Egyptian goods into its markets, despite the absence of an official decision from the government. Trade disagreements between the two countries are expected to negatively impact export volumes.
Reaction from Moroccan Authorities
Ahmed Zaki, Secretary-General of the Exporters Division and Chairman of the African Affairs Committee at the Federation of Chambers of Commerce, stated that Morocco has suspended Egyptian imports for several weeks. He suggested that this move is a reaction to Egypt’s incomplete implementation of the Agadir Agreement.
The Agadir Agreement and Bilateral Trade
The Agadir Agreement, signed in February 2004, facilitates free trade between Egypt, Morocco, Tunisia, and Jordan, aiming to boost intra-regional trade and strengthen ties with the European Union.
Dispute Over Moroccan Car Imports
Zaki pointed out that Egypt does not import Moroccan cars, which may have led Morocco to intermittently restrict Egyptian exports as leverage to push for access to the Egyptian market.
Key Egyptian Exports to Morocco
Egypt’s primary exports to Morocco include ceramics, food products, vegetables, and fruits, with total export values ranging between $800 million and $900 million annually. Other major exports include iron, cement, coal, agricultural products, and electrical appliances.
Egypt’s Restrictions on Moroccan Car Imports
Zaki did not specify the exact reasons for Egypt’s reluctance to import Moroccan cars but mentioned that the Egyptian government has recently tightened restrictions on luxury goods to prioritize foreign currency allocations for essential goods, medicines, and raw materials.
Quality Issues in Moroccan Exports
Sherif El-Barbary, head of the Exporters and Importers Division at the Giza Chamber of Commerce, noted that Egypt often blocks Moroccan exports due to quality concerns. He claimed that many imported products are counterfeit or do not meet Egyptian quality standards, leading to their rejection.
Prospects for Resolving the Trade Dispute
El-Barbary acknowledged the possibility of a trade dispute but believes it is limited and temporary. He emphasized the need to adhere to the terms of existing trade agreements. A separate source confirmed that there are ongoing issues affecting Egyptian exports to Morocco but reassured that discussions are underway to resolve them, without disclosing further details.
Investment and Trade Relations Between Egypt and Morocco
According to previous data from the Egypt-Morocco Business Council, 295 Moroccan companies operate in Egypt, with total investments of approximately $230 million. The trade volume between the two countries is estimated at around $1.3 billion annually.
