According to the chairman of new UK political party TIME, Robert Kimbell, Morocco is set to outperform Spain as the main supplier of fresh produce and olive oil to the UK.
After the launch of a direct shipping line between Morocco and UK, Kimbell tweeted: “Morocco’s attractiveness is becoming unparalleled. It is only a matter of time before Morocco surpasses Spain”.
“The high-quality of Moroccan agricultural products could easily replace Spanish, Portuguese and Italian fruit and vegetable products now that the United Kingdom is outside the EU,” Kimbell added, saying that “it is an exciting prospect for a deal now in the final stages of negotiation”.
The remarks of the Time Party chairman will not go unnoticed. Spain in particular is concerned about the momentum of the Morocco-UK trade relations.
Bilateral trade between the UK and Morocco exceeded £2.2 billion in 2019. Casablanca Stock Exchange has a partnership with the London Stock Exchange and the British-Moroccan Chamber of Commerce can assist companies new to the market.