Rabat - A recent report by the Food and Drink Federation (FDF) shows that Morocco is among the UK’s top 20 food and drink import partners in the first quarter of 2023, sitting at the 18th spot.
Commenting on the report’s findings, leader of the UK’s Time Party Robert Kimbell said on Twitter that it represents a “magnificent achievement by our 302-year-old trade partner,” Morocco.
He recalled that in 1721, Morocco and the UK signed the Treaty of Peace and Commerce in the city of Fez, facilitating regulated trade between the two countries.
The treaty played a crucial role in boosting diplomatic and economic relations between Morocco and the UK.
Fast forward to the present day, the FDF report reflects the continuation of the decades-long, historical trade relationships uniting Morocco and the UK.
In addition, the UK’s exit from the European Union in early 2020 presented an opportunity for the two countries to boost cooperation in various sectors and further expand trade relations.
The total trade between Morocco and the UK reached $3.6 billion (MAD 36.6 billion) between the end of the third quarter of 2021 and the same period in 2022.
In addition, Morocco’s pumpkin exports to the UK reached 11,000 tons by the end of January 2023, making the North African country the UK’s third-largest supplier.
Besides trade, Morocco and the UK are working on the gigantic Xlinks project, seeking to establish a subsea power cable connecting the two counties.
The project aims to supply the UK with Moroccan renewable energy, providing electricity to seven million British homes by 2030.
