Casablanca – Morocco takes significant steps to modernize its legal framework for trade.
Official statements show that the North African country is working on a new digitization project supported by the European Bank for Reconstruction and Development (EBRD).
Initiated under the mandate of the Ministry of Industry and Trade, the initiative Goals Improvement of the efficiency and competitiveness of Moroccan companies in international trade.
A delegation of the EBRD met today with the President of the Morocco Federation for Transportation and Logistics Abdelilah Hifdi on the second day of the Green Impact Expo & Summit 2025 to discuss the project.
In an interview with Morocco World News (MWN) on the sidelines of the event, Catherine Bridge Zoller, Senior Counsel at EBRD, said: “We are looking for how to align Moroccan legislation with the uncitral model law on electronic transferable records.”
The goal of EBRD, she explained, “be it to reconcile Morocco with its partners such as France, Spain and Great Britain in order to give digital forms of documents that are often used in retail. “”
The fruit of a partnership between ICC Morocco and the Uncitral -Secretariat aims to create a modernized framework that is adapted to the requirements of international trade.
This transformation comes at a crucial time, especially when global trade is increasingly shifted to digital platforms and paperless transactions.
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The initiative embodies a comprehensive consultation process with important stakeholders in this sector.
It too focus In three main areas, including the examination of the current international trade financing practices and the identification of challenges in the digitization of procedures.
The initiative also includes the evaluation of how a modernized legislative framework could strengthen the performance and competitiveness of Moroccan companies.
“It is a very technical topic, a very technical area,” said Zoller, pointing out how important it is to deal with industry specialists.
“That is why we are talking to the specialists for transport and logistics. We are very happy to have this collaboration with the Federation de Transport Logistique Maroc. “
This digital transformation project represented A strategic endeavor to position Morocco as a more competitive actor in international trade.
Morocco aims to reduce transaction costs, improve efficiency and to create its business world through a general modernization of its trade infrastructure and the focus on global digital standards.
The success of this initiative could serve as a model for the country’s African nations to modernize their trading systems and to integrate deeper into the global digital economy.
