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Morocco holds trade event in Guinea
Morocco-Guinea, Economics, 2/26/2003
A Morocco trade week is currently held in the Guinean capital city of Conakry with a dozen Moroccan exporting enterprises attending.
Participants are exhibiting their products in a bid to conclude business contracts with operators from the African country.
The Moroccan enterprises represent several sectors including textile, metallurgic construction, telecoms, soft drinks, cosmetics, electricity, handicraft, agri-business.
A protocol of agreement on the creation of a Morocco-Guinea business council was concluded May 2, 2002 between the Moroccan federation of chambers of trade and industry and Guinea's chamber of trade, industry and handicraft.
The Morocco-Guinea trade decreased from US$ 31 million in 1995 to US$ 18 million in 2001, which is a 41% drop, with permanent deficit to the detriment of Guinea.
Previous Stories:
Morocco, Guinea sign package of agreements
(5/4/2002)
Moroccan-Guinean high joint commission meets in Rabat
(4/30/2002)
Morocco, Guinea to set up business council
(3/14/2002)
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