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Keywords: International trade


China reduces dollar's weight in yuan's basket amid soaring trade surplus

China has announced routine annual adjustments to its CFETS currency basket for the yuan, further decreasing the weights of major currencies including the US dollar and the euro, as the renminbi concludes its strongest year against the greenback since 2020. The China Foreign Exchange Trade System (CFETS),......

Russia blocks tons of Moroccan tomatoes over virus detection

Russian authorities have restricted the entry of several tons of tomatoes imported from Morocco and Türkiye after detecting plant viruses during routine phytosanitary inspections. According to Russia’s Federal Service for Veterinary and Phytosanitary Surveillance, inspections carried out......

Moroccan delegation strengthens trade ties with over 170 Chinese companies in Hunan

More than 170 Chinese companies from Hunan Province engaged with a Moroccan delegation during the Morocco-Hunan Economic and Trade Cooperation Forum held in Changsha. The two-day event, organized by the Embassy of Morocco in China and the Hunan Provincial Department of Commerce, aimed to bolster bilateral......

Morocco and Italy deepen economic ties with new chamber of commerce launch

The Moroccan Chamber of Commerce in Italy (CCMI) is set to officially launch on November 19 with a ceremony at the Senate of the Republic in Rome, marking a key milestone in strengthening economic relations between Morocco and Italy. Launch event to foster bilateral cooperation The inauguration will......

Morocco’s grapefruit exports soar as Canada’s demand drives record growth

Morocco has achieved a remarkable milestone in the global grapefruit market, doubling its exports to Canada to 1,500 tonnes and generating $1.67 million during the 2024–2025 season. This success solidifies Morocco’s growing presence in a market that has been in long-term decline. According......

Xi calls for multilateralism at APEC summit as Trump skips regional forum

Chinese President Xi Jinping positioned Beijing as a champion of multilateral cooperation during the APEC CEO Summit in South Korea, delivering a written speech that highlighted China’s role as a key driver of global economic growth. In contrast, U.S. President Donald Trump opted to boycott the......

G7 forms alliance on critical minerals to challenge China's dominance

The Group of Seven nations has unveiled a landmark alliance aimed at bolstering the production of critical minerals, a move described by Canadian Energy Minister Tim Hodgson as a pivotal shift in efforts to lessen Western reliance on China's grip over resources vital for modern technology. Revealed......

US official highlights investment opportunities in Morocco’s Sahara

Morocco’s Sahara region is emerging as a hub for American investment, with significant opportunities across key sectors, according to Gerard Philippeaux, Executive Director of the International Trade Coalition of Miami-Dade County. Speaking after a meeting with a Moroccan economic delegation in......

Trump's visit to Japan sets stage for pivotal talks with Xi

Donald Trump arrived in Tokyo on Monday evening, commencing a high-stakes diplomatic mission that will culminate in his first face-to-face meeting with Chinese President Xi Jinping since resuming office. The visit comes at a critical juncture in U.S.-China relations as both nations strive to de-escalate......