Moroccan-Tunisian Officials Discuss Trade Exchange

Published May 21st, 2000 - 02:00 GMT

The Moroccan-Tunisian business council held in Casablanca Saturday a meeting to examine means to enlarge the list of goods exchanged between the two countries, said ArabicNews.com Sunday. 

Moroccan council chairman Mohamed Mezzour was quoted as saying that trade relations between Morocco and Tunisia are in constant progress. 

The council members called for more efforts to enhance exchanges between the two countries and to intensify partnership between their respective enterprises, the agency added. 

Bilateral trade is in favor of Morocco with a total amount of $ 103 million in 1998 against 90 million in 1997. 

At the level of the Arab states, Morocco is Tunisia's second client and supplier, soaking 10.3 % of Tunisia's exports and providing 12.2 % of the North African country's imports, said the agency. 

Morocco's exports to Tunisia are mainly made up of chemical wood paste, soluble coffee, tires, car spare parts, and industrial oils.  

The kingdom's imports from Tunisia consist of plastic items, electric transformers and TV sets. 

The two countries are bound by an agreement setting up a free trade area that was concluded in March 1999, said ArabicNews.com.  

The accord provides for the suppression --as of the signing date-- of all duties on some 2,000 nonagricultural products carrying below 10 % customs duty - Albawaba.com 

 

© 2000 Al Bawaba (www.albawaba.com)

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