The Moroccan textile industry benefits from quotas imposed by the EU to China, said Tuesday the newspaper the Economist, ensuring that Europeans went back orders in Morocco.
Some 75 million Chinese textile products are included in EU customs because quotas are exceeded arrested in June for "The blocking of Chinese products is currently the Moroccan textile manufacturers of happiness ", the daily business of the Economist. Exceeding quotas for Chinese industry "allows manufacturers to position themselves Moroccan again on the European order book," he told this newspaper Karim Tazi, Director General of the Moroccan Association of Textile Industries and clothing ( AMITH). "The soaring cost of oil, which makes transportation of goods over long distances (...) is another factor in favor of Morocco," Judge Economist. Karim Tazi is convinced that this trend will encourage European importers to turn back to their Mediterranean neighbors, reports the Economist. Mr Tazi said however that Morocco should "accelerate the conversion of the textile sector to stay in the race. "elimination, since 1 January 2005, the textile quotas imposed on Chinese and Indian textile industry suffers heavily Moroccan. Morocco was among the first providers of the European Union.
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