Morocco loses 1.5 billion dollars due to closed borders with Algeria

Continuous closure of Algerian-Moroccan borders deprives Rabat of annual incomes of 1 to 1.5 $billion, according to a report made by the Commercial Chamber of Ouedjda, Morocco.

• Moroccan markets have been invaded by Algerian goods since the borders were closed and over 100 small and middle-seized companies in Ouedjda have been closed as well, said the report.
• The same study showed that the closure of the Algerian-Moroccan borders caused a set of illegal activities including smuggling. That was about to eliminate the main economic sector in the area.
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• Algerian washing machines and fridges invade Moroccan market
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• The Moroccan Commercial Chamber counted dozens of commodities in Ouedjda’s markets. International trademarks and even local ones coming from Algeria were found in different shops and markets including the Algerian bread.
• The Camber limited the goods list in winter garments and light clothes in summer, “hats”, fridges, washing machines, air conditioners, heavers and food.
• The same study mentioned considerable quantities of medicines and semolina as well as nappies made in Algeria.