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Morocco, Gabon examine relaunch of FTA negotiations


Morocco, Gabon examine relaunch of FTA negotiations

25 December 2004

Morocco and Gabon might relaunch negotiations to establish a free trade zone with view to reinforcing trade exchanges and promoting economic integration with countries of central Africa.

This project was the focus of a meeting held recently between Moroccan Foreign Trade Minister, Mustapha Mechahouri, and Gabon’s ambassador in Rabat, Banga Eboum Fran ois, who agreed to hold next January 20 in Libreville a meeting at the level of experts on the Free Trade Agreement.

According to the Foreign Trade Ministry, the two sides also discussed bilateral economic relations.

The volume of Morocco-Gabon trade exchanges was estimated at 356 million Dhs (around US $ 39.5 million) in 2004, including 94 million Dhs (around US $10.4 million) of Moroccan exports to the Gabonese market.