 Moroccan-Turkish cooperation: successful model for promoting trade exchange
Ankara - Cooperation ties between Morocco and Turkey, boosted by the free trade agreement (FTA) signed in 2006, is a successful model for tremendously promoting trade exchange relations.
Since the entry into force of the FTA, the Moroccan-Turkish trade exchanges skyrocketed to 920 million dollars in 2007 compared to 260 million dollars in 2003.
Despite the recent boost in bilateral exchanges, the trade balance is still very unbalanced in favor of Turkey, whose exports to Morocco totaled 720 million dollars in 2007 against only 200 million dollars for the kingdom.
Faced with such a "conquest", Moroccan companies and businessmen should adopt a genuine "aggressive” and "enterprising" strategy to access the Turkish market, which is entitled to become a key to other markets in Europe and the region.
Turkish exports to Morocco include a range of materials such as metal and steel products, fabrics, synthetic and artificial fibers, cars and motorcycles, refrigerators, as well as radio receivers and television sets manufactured or assembled in Turkey.
Morocco's exports to Turkey include, on the other hand, phosphates derivatives, spare parts for cars, fish products, clothing and hosiery items.
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