Measures Taken By The Morocco Government To Support The Export Of Textile And Garment Enterprises

According to the French textile daily reported in March 10th, the employment population of Morocco's textile and garment industry and leather industry accounted for 40% of the total employed population, contributing 13% to gross domestic product, accounting for 27% of the total share of the country's exports.

According to the Ministry of employment, the number of unemployed people in the textile industry has reached 40 thousand in recent months, accounting for 20% of the industry's population, and 70 thousand jobs are being threatened today.

Reported that in 2008, Morocco's textile and clothing exports fell by 5.1% compared to the same period last year, while Tunisia only declined by 1.7%. The export performance of the two countries in Morocco was the same as that of Tunisia. The reason is that Morocco's export markets are mainly Spain, France and the United Kingdom, while Tunisia's exports focus on France and South Korea.

Reported that at the end of last year in Morocco textile and garment industry association's active request, the Moldova government decided to help textile and garment export enterprises.

The government has formulated a one year plan, mainly in the following three aspects.

First of all, at the social level, tax relief for enterprises will be extended for 6 months, and enterprises can continue to postpone the reduction if the layoffs are not more than 5%.

Secondly, banks can agree to delay payment and provide credit facilities; lastly, in terms of commercialization, the government takes 80% of the target cost of media plan to promote the export of important sales networks and brands, and reduces the cost of export insurance to improve the coverage.

In order to support the development of new industries, the Morocco government's Pacte national (2009 to 2015) provides a budget of 1 billion euros for public and private enterprise contracts, of which 34% is for training and 24% for investment.

Editor in chief: Xu Qiyun