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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Tunisia's Central Bank reduced its key interest rate by 50 basis points to 7.5% on Friday, aiming
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