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WORLD NEWS

WEEK ENDED APRIL 8, 2001 - 104th. ISSUE

Morocco-EU
FISHERIES
TALKS COLLAPSE
European Commissioner Franz Fischler has decided to recommend the discontinuation of the negotiations with Morocco over EU fishing rights on Moroccan waters. The L'Economiste newspaper quoted the Moroccan fisheries minister Said Chbatou, the EU decision "was unilateral." He added Morocco would "implement its fisheries policies regardless of the outcome."
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BUSINESS AND THE ECONOMY

Tunisia - Telecom
Second GSM License Tender Officially Launched
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Relations
GERMANY TO STRENGTHEN RELATIONS WITH ALGERIA
Germany is quickly strengthening its presence in Algeria and the visit of Bouteflika to Germany will likely speed up this trend. Up to now hundreds of millions of dollars have been committed by Germany in form of cooperation in projects often piloted remotely either from Germany or from a base in a country neighboring Algeria. But since 1999 Germany has begun to build its presence directly into Algeria.
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Corporate News
Anadarko Resumes Exploration in Three Blocks in Algeria
Anadarko Petroleum Corporation (NYSE: APC) announced that it has signed an amendment to its Production Sharing Agreement with the Algerian oil company Sonatrach allowing the resumption of exploration of Blocks 404, 208 and 211.
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Upline Securities
Company recommendations:
Eqdom, Maroc Leasing, and SONASID
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Marketing
Coca-Cola Launches New Marketing Campaign in Morocco, Changes Regional Headquarters
The American soft drink giant Coca-Cola has launched a new marketing campaign in Morocco offering one hundred (100) automobiles with the participation of the French automaker Citroen and other organizations such as Sopriam, Afriquia, the TV station 2M and the tourism bureau ONMT.
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POLITICS

Quick Profile
Margaret Tutwiler
New U.S. Ambassador to Morocco In March 2001, President George W. Bush nominated Margaret Tutwiler to be U.S. Ambassador to Morocco. Here is a quick profile.
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Algeria - Politics
Showdown at the National Assembly
The president of the Algerian parliament is under intense pressure to step-down. Disagreements with president Bouteflika are the main reasons of a possible departure of Bachir Boumaza. However, Mr. Boumaza is resisting against those who are battling for his removal citing his constitutional rights.
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THE NORTH AFRICA JOURNAL

The North Africa Journal & Maghreb Weekly Monitor are based in Boston, MA, USA. To contact us, we highly recommend you use our email addresses first.

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