Rabat – the European Commission has imposed Objects for imports of aluminum road wheels from Morocco, which aim to protect the EU manufacturer and protect 16,600 jobs from unfair trading practices.
An investigation by the Commission showed that imports from Morocco were wrongly subsidized, including the Chinas Belt and Road Initiative (BRI) to damage the EU industry.
The anti-Subventional probe found that the Moroccan The government supported its automotive sector systematic support from subsidies that violate the rules of the World Trade Organization (WTO), including grants, preferred loans and tax exemptions or reductions.
The investigation also showed that China had made direct financial contributions to one of the two Moroccan manufacturers who were involved as part of BRI cooperation. It was shown that subsidized imports damaged the EU industry.
According to the Commission, the decision to impose tasks on Moroccan aluminum street wheels reflects, the EU’s commitment to defend its industry and maintain a fair global trade environment.
The tasks imposed are between 5.6% for the manufacturer, which only benefits from Moroccan subsidies up to 31.4% for the manufacturer, who receives both Moroccan and Chinese BRI financial support.
In addition to the anti-dumping tasks, these items are between 9% and 17.5% on the same product from Morocco, which were imposed on January 12, 2023. Anti-dumping duties in aluminum road imports from China are currently also available.
This measure takes place when Morocco increases its position in the global automotive industry, attracts foreign investments and develops a competitive infrastructure.
In 2024, Morocco exceeded China becomes the best trading partner of the European Union and marks a significant development in the country’s industrial growth.
With automobil exports to the EU worth € 15.1 billion (16.2 billion US dollars) in 2023, Morocco exceeded China, whose exports reached EUR 13.6 billion (EUR 14.6 billion).
Although China is still a leader in relation to the number of vehicles exported to Europe – 782,000 vehicles compared to 536,000 Morocco – underlines the performance of the North African country its growing influence on the European market.
