Morocco reiterated its commitment to a “fair, open and equitable” multilateral trading system for the inclusive integration of all members of the World Trade Organization (WTO) into the global economy.

The Director General of Commerce at the Ministry of Industry and Commerce, Abdelouahed Rahal, said that Morocco has always made the opening of its economy an irreversible strategic choice. A choice accompanied by macroeconomic and sectoral policies aimed, among other things, at establishing a business environment capable of supporting growth and stimulating investments. According to Abdelouahed Rahal, like the rest of the world, Morocco suffered, in 2020, an unprecedented shock linked to the COVID-19 pandemic and the health restrictions established to contain it, thus impacting the economy, which experienced its first recession since the end of the 1990s. However, the resilience of the Moroccan economy made it possible to quickly reach a growth of +8% in 2021, i.e. above the level of global economic growth, and more particularly that recorded in the MENA region. This growth maintained its positive trend to reach +2.9% in 2023