Seventy percent of Moroccan enterprises able to face international competition, minister

Seventy percent of Moroccan enterprises are fit to face international competition, Moroccan minister in charge of economic affairs and upgrading economy, Abderrazak El Mossadeq said.

Moroccan enterprises have achieved important steps in upgrading their competitiveness and consolidating their presence in national and international markets, the minister told the Moroccan TV channel 'TVM' on Monday.

He added that incentive measures taken within the framework of the law of finance 2004 would enable enterprises to adhere to the process of increasing economic competitiveness.

Morocco has launched a national communication campaign on upgrading the economy, destined to encourage the adherence of all economic operators in the upgrading process so that Moroccan enterprises would be ready for the lift of customs barriers that globalization will entail as of 2010.