Fisheries/Relations
Fishing: Morocco Confronts a Stagnating Sector, Resumes Talks with Spain for a New Fishing Accord

Morocco and Spain are once again discussing the possible establishment of a new fisheries agreement. Although the Moroccan fisheries minister Mohand Laenser considers the latest move as a “renewal of contacts and not new negotiations,” analysts say the two countries have already begun to address some of the basic details that would provide special considerations to Spanish fishermen. A meeting between senior officials of the two countries is scheduled to take place in the month of November, in an effort to resume bilateral activities in a sector that has been virtually frozen since 1999.
Continue here...
Not a paying subscriber? Sign up for free email newsletter]

---

Trade
Tunisia-Turkey Sign Free-Trade Pact
After signing a major free-trade agreement with the European Union, and similar deals with Morocco, Egypt, Lebanon and Syria, Tunisia has recently inked another association contract with Turkey. This latest agreement considers two aspects in the relationship between the two. One is trade related and the other is economic.
Continue here...
Not a paying subscriber? Sign up for free email newsletter

---

Defense
European Arms Traders to Turn to Libya for New Opportunities
After oil companies, it is now the turn of arms traders to benefit from the new Libya. Their lobbying of Brussels and individual governments has paid off, and the Italians are likely to be the biggest winners. Indeed, the ambassadors of the 25 EU member countries have agreed on September 22 on a global lifting of the arms embargo against Libya. This decision, partly in response to the Italian argument that it would go a long way in fighting illegal immigration, came finally into force on Monday, October 11, 2004.
Continue here...
Not a paying subscriber? Sign up for free email newsletter

---

Petroleum
Libya-Italy Gas Pipeline Completed
The Italian industrial and oil company ENI and its Libyan partner the National Oil Company (NOC) have completed the construction of the Greenstream gas pipeline linking Libya to Italy. The two companies top executives inaugurated last week the Western Libya Gas Project, which includes Greenstream, the longest subsea pipeline in the Mediterranean, in a ceremony that included the Libyan leader Muamar Khadaffi and the Italian Prime Minister Silvio Berlusconi. Construction of the pipeline started in 1999 and was completed on schedule for an investment of about €7 billion. Eni contributed with €3.7 billion, in a project that required 20,000 workers at its peak.
Continue here...
Not a paying subscriber? Sign up for free email newsletter

---

Market
The Libyan Food Distribution Sector
Libya’s path to economic openness has been led by its reformist prime minister Choukri Ghanem. Since June 2003, the process of reforming the Libyan economy accelerated, with:
the establishment of a multi-year economic strategy that involves the IMF,
the removal of the previously required import licenses,
the abandoning of the double-taxation mechanism,
the revision of the list of prohibited goods and products, even though alcohol and pork meat are likely to remain banned,
the enactment of a new law on foreign investor assistance, allowing foreign majority shareholding in many industries,
the enactment of decree 178 that allows individuals or companies to represent foreign commercial interests under specific conditions, and
the establishment of a privatization program targeting 360 state-owned companies and which is to be implemented from 2004 to 2008.
Continue here...
Not a paying subscriber? Sign up for free email newsletter

---

Subscribe

in this issue Petroleum Libya-Italy Gas Pipeline Completed Internet Internet Usage in Decline in Algeria, Industry in Trouble Auto Market Strong Used Vehicle Market in Morocco Free Trade “Algeria-EU Partnership Agreement to Come Into Force Before Yearend,” Algerian Official Space Technology Algeria-Russia Ink Space Technology Agreement Agriculture/Trade Algeria to Import 3,000 Tons of Red Meat for Ramadan Business Practices Corporate Borrowers in Tunisia to Submit their Financial Results in a Database Health Cancer and Cardio-Vascular Diseases in Algeria Fisheries/Relations Fishing: Morocco Confronts a Stagnating Sector, Resumes Talks with Spain for a New Fishing Accord Higher Education IT Curriculums in Demand in Tunisian Universities Business Relocation Call Center Exhibit Held in Morocco Amid Backlash in France Against Relocation Relations Special Status for Morocco to be Submitted to EU at the End of October Urban Affairs Algiers Gets DZD 22.7 Billion Supplemental Budget, to Focus on Cleaning Up the Capital Corporate Moroccan Lottery Agency Gets Double Certification Tourism Morocco to Set Up Information Kiosks for Tourists Fisheries Morocco Extends Ban on Shellfish Fishing Sector Regulation Algerian Energy Ministry Issues Tougher Rules for Domestic Gas Transport Industrial Activity Public Sector Industrial Output Edges Up in 1H04, Mix Performances Among Industries Agriculture/Trade Algerian Market Reopens to Irish Beef, Cost of Lamb Meat Import Down Corporate Affairs Actis of Britain Opens Moroccan Office Trade Tunisia-Turkey Sign Free-Trade Pact Defense European Arms Traders to Turn to Libya for New Opportunities Market Profile The Food Distribution Sector in Libya

Copyright | Disclaimer | Images from the past | Submit articles | Contact