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China-Africa Trade Information Service
China’s recent announcement that it was expanding its tariff-free policy to additional African countries, namely Angola, Gambia, Congo, Madagascar, Mali and Mauritania, may be a catalyst for new opportunities amid criticisms about the trade imbalance, according to experts.
In a recent decision that will impact the pockets of smokers in Morocco, the Commission for the Approval of Manufactured Tobacco Product Prices has declared an imminent increase in cigarette prices, effective January 1, 2024.
As part of its efforts to combat inflation and high prices, Morocco's government seeks to exempt agricultural equipment and inputs from value-added tax (VAT), the country’s head of government has said.
Morocco's Administration of Customs and Indirect Taxes (ADII) issued a statement on September 26, to define the new rules governing the procedure for advance clearance of goods imported by sea and air.
Across the Middle East and North Africa, access to financing, political instability, tax rates, and corruption are among the common concerns for businesses.
136 countries, representing more than 90% of global GDP, have signed a historic deal, announced on Friday, to ensure minimum corporate taxes for companies.
The Ministry of Agriculture in Morocco announced on May 4 that it will extend the suspension of customs duties on common wheat beyond June 15, in an official press release. The decision is the second extension of the suspension.
Rabat – Effective December 1, the common soft wheat import tax will fall to 30 percent instead of 135 percent currently in force, fixing its reference price at the port exit at around MAD 250-260 per quintal.
The report found that investment had been directed to higher-value added industries, such as the automotive, aeronautics, agro-processing sectors, and had generated tangible economic and social benefits for Morocco.