Morocco to review Turkish trade deal over expanding deficit, say sources
Omar Hjira, the Moroccan cabinet member in charge of trade, will soon visit Turkey — Morocco's sixth-biggest trading partner — to discuss measures aimed at mitigating the $3bn (R54.22bn) deficit, the sources, who attended a meeting with Hjira, said on Tuesday.
They asked not to be named due to the sensitivity of the matter.
Morocco's trade and industry ministry did not immediately respond to a Reuters request for comment.
Initially signed in 2004, Morocco and Turkey introduced amendments to their free trade deal five years ago, including a 90% tariff on Turkish textile and clothing imports to protect Moroccan manufacturers and jobs.
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