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Friday, October 9, 2009

Morocco to treble trade with Germany by 2015, Minister says

Cologne (Germany) (MAP)- Morocco can treble trade with Germany by 2015, said on Thursday Minister of Foreign trade, Abdellatif Maazouz.
Speaking at the opening of Morocco's food industry expo, held in Cologne, the minister said that trade between Morocco and Germany represents 7pc of trade exchanges between the North African kingdom and the European Union.
Saying that Moroccan products have started to conquer the German market, the minister pointed out at progress made by Morocco in several industrial fields, notably food industry.
He also said that the North African country has became an important destination for investors interested in car industry, aeronautics and electronics.
Organized by Moroccan Centre for Export Promotion (CMPE), the exhibition aims at boosting Morocco's presence in ANUGA International Fair, which will take place in Cologne on Oct 10-14.

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