Morocco Looks to Ease EU’s China Dependency
- July 17, 2020
- Posted by: Quatro Strategies
- Category: Manufacturing
Morocco looks like a viable alternative to China, as the EU tries to shorten its supply chains. The Covid-19 pandemic has surfaced the EU’s dependence on China in terms of manufacturing. How Morocco appeals to the cost-effective EU manufacturing environment is still unknown.
The EU is looking for a more diversified and reliable supply chain route and many believe that Morocco is fit to respond to those needs.
Moroccan Minister of Industry, Elalamy told the parliament that it would take a new composition to comply with EU’s regulations; but it was a great opportunity for the country.
Morocco has long been praised for its stability and strong presence in certain sectors, which is a rare feat for a North African country.
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