Morocco Anticipates A 12% Surge In Exports By 2024, Trade Minister Reveals

In a recent interview with the Emirates News Agency (WAM) during the 13th WTO Ministerial Conference in Abu Dhabi, Ryad Mezzour, the Minister of Industry and Trade for the Kingdom of Morocco, shared optimistic projections for his country's economic future. The conference, hosted by the UAE, serves as a pivotal platform for global trade discussions, with this year's edition drawing attention for its exceptional organization and the breadth of dialogue it facilitates.

Minister Mezzour revealed that Morocco is on a positive trajectory with its exports expected to see an upsurge of up to 12 percent by 2024. This forecast aligns with the broader economic growth predictions for the nation, which are pegged at around 3.7 percent for the current year. These figures underscore Morocco's growing role in international trade and its economic resilience amidst global challenges.

The conference has been highlighted as a crucial event for the future of world trade. Mezzour emphasized its importance, noting that it offers an invaluable opportunity for dialogue on creating fairer and more transparent trade measures and procedures. The discussions held at this gathering are instrumental in shaping the trajectory of global commerce, making it a key event for policymakers and trade officials worldwide.

UAE's Role as Host

The UAE received commendation from Mezzour for its exemplary organization of the conference. According to him, the country has demonstrated an impressive capability to bring together global leaders and experts under one roof to deliberate on pressing international issues. This successful hosting not only underscores the UAE's logistical prowess but also its commitment to fostering constructive dialogue on a global scale.

The 13th WTO Ministerial Conference in Abu Dhabi marks a significant milestone in international trade discussions. With Morocco's optimistic economic projections and the emphasis on collaborative dialogue, the event sets a positive tone for future trade relations and economic policies worldwide. The UAE's role as host further solidifies its position as a key player in facilitating important global conversations.

With inputs from WAM