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27.10.2019 International

UK, Morocco Sign Continuity Agreement

By News Desk
UK, Morocco Sign Continuity Agreement

The UK government signed a trade and political continuity agreement in London on Saturday 26 October, 2019.

Minister of Trade, Policy Conor Burns MP, and The Rt Hon Dr Andrew Murrison MP.

Minister of State for the Middle East and North Africa, Dr Andrew Murrison and Moroccan Foreign Minister, Nasser Bourita.

Minister of State for the Middle East and North Africa, Dr Andrew Murrison and Moroccan Foreign Minister, Nasser Bourita.

Trade between the UK and Morocco was worth £2.5 billion in 2018.

The UK has now secured trade with countries accounting for £109 billion.

This agreement will ensure British businesses and consumers benefit from continued access to the Moroccan market after we leave the EU.

The Minister of State for the Middle East and North Africa Dr Andrew Murrison signed the agreement with the Moroccan Foreign Minister, Nasser Bourita.

Welcoming the agreement, Minister of State Dr Andrew Murrison said:

The UK and Morocco have a close friendship and an important diplomatic history that is over 800 years old.

The signing of this Agreement builds on the UK’s deep cultural, political and economic ties with the region and demonstrates our commitment to increase trade and constructive dialogue with Morocco.

Importantly, the Agreement will give exporters and consumers the certainty they need to continue trading freely and in confidence as the UK prepares to leave the EU.

The agreement will ensure British businesses and consumers benefit from continued trade with Morocco after we leave the EU. It provides, among other trade benefits, tariff-free trade of industrial products together with liberalisation of trade in agricultural, agri-food and fisheries products.

Minister of State for Trade Policy, Conor Burns said:

The world is ready to sign free trade deals with Britain, they want to work with our people and have better links with our industries and it is our priority to ensure businesses have the tools they need to continue trading freely after Brexit.

The agreement signed with Morocco today will help provide certainty for businesses, ensuring they can continue to trade on the same terms with our Moroccan partners. On my recent visit to Morocco, I witnessed first-hand the many opportunities available to UK and Moroccan firms to advance our trade together.

I look forward to maintaining and further strengthening our current trade, political and security relationship with Morocco as we continue to work closely together in the future.

In addition to growing trade, the agreement seeks to deepen UK-Moroccan cooperation across foreign policy, economic, social and cultural ties. The Agreement provides a framework for policy dialogue and to strengthen cooperation on important issues like trade, educational and environmental matters. The Agreement sends a strong signal that Britain is committed to a close bilateral relationship with Morocco and will continue to play a positive role in the region.

Her Majesty’s Ambassador to Morocco, Thomas Reilly, said:

Morocco has a well-diversified and modern market across a number of sectors where UK companies and expertise have much to offer. I hope that this Agreement will usher in a new phase of increased bilateral investment in each other’s economies, which is so essential for continued stable economic growth.

--- www.gov.uk

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