London's Lord Mayor visits Morocco in October
Morocco-UK, Economics, 9/26/2001

The Lord Mayor of London, Alderman David Howard, is to pay a work visit to Morocco next October 9 through 12 at the head of a business delegation.

The visit is meant to probe ways of enhancing relations between the two countries and to discuss issues of mutual concern with regard to investments, liberalization, public utilities management and development.

Talks with Moroccan senior officials, businessmen and economic operators are on the schedule of the British delegation.

The London Lord mayor is elected for a year-term to run the activities of the City, London's financial district.

The British government has chosen Morocco as one of fourteen target markets worldwide for a special three-year campaign of trade development. The campaign, destined to fill the information gap in the target countries, has chosen Morocco as the Moroccan economy continues to liberalize and the free-trade zone foreseen by the EU-Morocco association agreement becomes a reality.

Morocco is the only country in the Maghreb and the only Francophone country in Africa to be selected as a target market.

The UK is Morocco's 3rd largest export market and 6th largest import market. In 2000, UK exports to Morocco totaled 6.7 billion Dirhams while imports were worth 7.7 billion DH. Bilateral trade tripled during the 1990s and in 2000, Moroccan exports to the UK increased by 18% and imports increased by 15%, compared to 1999.

Previous Stories:
  Britain Targets Morocco for Trade Promotion Campaign   (8/3/2001)
  Moroccan - British Trade on the Rise   (1/12/2001)
  British companies increasingly interested in Morocco   (10/13/2000)

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