Morocco’s main port operator hits record 49% profits for 2024
Marsa Maroc reported a net profit of over $130 million in 2024, an increase of 49% over the previous year.
Morocco's trade ministry is set to impose a 62% anti-dumping duty on imported electric ovens to safeguard the local market, a ministry official revealed on Friday.
However, Turkish brand ITIMAT will face a lower tariff of 34%.
The source did not provide further specifics. This move comes under the framework of the Morocco-Turkey free trade agreement, initially signed in 2004 and amended in 2020 to include duties on certain Turkish imports following grievances from Moroccan textile producers.
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