MEDI1TV Afrique : JT Economie - 20/02/2025
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00:00Hello and thank you for joining us in this new edition of Economic News in Morocco.
00:13The second edition of the Siaha Carrier Celebration Week, an event that aims to highlight the
00:21professions of tourism, was officially launched at the Polytechnic University of Benguerre.
00:28This event, which takes place until February 26, celebrates the professions and talents of Moroccan tourism,
00:33highlighting the job opportunities offered by the sector to the Moroccan youth.
00:38Co-organized by the National Tourism Confederation and the Ministry of Tourism,
00:43this event is an opportunity to highlight Morocco's ambitions in this regard,
00:48in this case to make the country a world first destination,
00:52with an estimated target of 26 million visitors in 2030.
00:59In the east of Morocco, the National Water and Forestry Agency has unveiled the
01:03Director's Plan for Investing in the Forestry Sector,
01:07a strategic tool intended to boost investments in the framework of the Morocco 2020-2030 Forestry Strategy.
01:15The event, which was attended by a hundred participants,
01:19including national and international experts, highlights the opportunities offered by the
01:24forestry strategy for private investors, especially in the development of the wood industry.
01:34Private investment in the forestry sector is an essential lever to strengthen local production,
01:41reduce dependence on imports and stimulate economic growth,
01:47while creating sustainable jobs.
01:51Moroccan forests cover 12% of the national territory
01:55and play a key role in economic, social and environmental plans.
02:01The Morocco 2020-2030 Forestry Strategy, launched by His Majesty King Mohammed VI,
02:06aims to transform this sector into a lever for sustainable and inclusive development,
02:11while placing local populations at the heart of its management.
02:17Specifically, the Director's Plan for Investing in the Forestry Sector aims to strengthen
02:22the climate resilience of local ecosystems and communities.
02:26This plan focuses on several strategic areas,
02:30including the increase in the productivity of artificial plantations,
02:34the development of high-potential forestry sectors such as aromatic and medicinal plants.
02:41In Morocco, the time is always on the clock for Russian agricultural exports to Morocco.
02:47The Kingdom tripled its imports of Russian agricultural products in 2024,
02:53with a value of $280 million, three times more than in 2023.
02:59This growth is mainly due to the increase in wheat deliveries,
03:04with more than a million tonnes allowing Russia to become the first supplier of the Kingdom to France.
03:11In addition to wheat, Russia has expanded its supply to the Moroccan market with new products.
03:17This is the case of turkeys, turkeys and colza,
03:21respectively entering the top 10 and top 5 of the world's importers of these products.
03:26Other products such as beet pulp, barley, corn, legumes
03:32and some transformed products have also been exported to the Kingdom.
03:39And then the price of coffee imports recorded a significant increase in 2024
03:46due to the rise in international prices of this product.
03:50According to the Moroccan Association of Tea and Coffee Industries,
03:55it is indeed located at 43.78 dirhams per kilogram at the end of the 11 first months of the year,
04:03against 31.68 dirhams a year earlier, an increase of 38.19%.
04:10According to the same source, these imports come from various countries.
04:15This is especially the case for non-roasted coffee from Brazil, Colombia, Costa Rica, Côte d'Ivoire
04:20and for roasted coffee from Spain, Italy, France and the Netherlands.
04:26Now let's move on to international economic news.
04:29Multilateral development banks are considering increasing their financing for road safety
04:35to $10 billion over the next decade.
04:39According to the World Bank, this approach aims to remedy the lack of traditional financing
04:45in the face of the global road safety crisis.
04:48Currently, 92% of road accidents occur in low-income and middle-income countries
04:56that only own 60% of the world's vehicles and 10% of the asphalted interurban road network.
05:04At the meeting of the Multilateral Development Bank Group on Road Safety,
05:09it was stated that considerable investments are needed to reduce the number of deaths and injuries by 2030.
05:20And then the point on the trade war between the United States and its partners.
05:25Donald Trump announced that he could impose customs rights of about 25%
05:30on automobile imports, semiconductors and the pharmaceutical industry.
05:36It will be 25% and more and this will increase considerably over the course of a year, he added,
05:43recalling that his decision will probably be announced on April 2.
05:47Since the start of his second term at the end of January,
05:50the American president has made customs rights the main tool of his policy
05:56to reduce the significant American trade deficit.
06:00In early February, he imposed an additional 10% of customs rights on all imported products from China.
06:06Washington must impose new 25% customs rights on steel and aluminum imports for all its trading partners.
06:15The decrees signed by Donald Trump must come into force on March 12,
06:20while Canada is the first steel supplier in the United States, followed by Brazil.
06:26We are coming to the end of our edition today.
06:28Thank you for your loyalty and enjoy the rest of the program.