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The UK government issued, Thursday, guidance, explaining changes for UK to Morocco after no-deal Brexit. «The UK is seeking to agree arrangements with Morocco to ensure trade continues with minimal disruption after the UK leaves the EU», UK government wrote on its website.
«If the UK does not agree arrangements with Morocco and the UK leaves the EU without a deal, existing trade agreements would no longer apply. This would mean the UK would not have preferential trade arrangements for exports to Morocco», the same source explained.
The guidance included information on tariffs and quotas, controlled goods, travel, sanctions and embargoes, contacts, and export opportunities and advice.
For the record, an UN agency study revealed that Morocco, Ghana and Tunisia will be among the African countries that would lose the most if the United Kingdom does not negotiate an agreement before the end of its mandate to leave the European Union.
Thus, the total export losses of 20 African countries could reach $420 million, according to the United Nations Conference on Trade and Development (UNCTAD).
Morocco could suffer losses of $97 million if Britain failed to negotiate an agreement to leave the European Union, and the same would apply for Tunisia, Egypt, Ghana and Mozambique.
In case of a «no deal», exports from Morocco to Britain will decrease by $97 million, Ghana’s would decrease by $91 million, Tunisia would be affected by up to $49 million, Egypt’s by $41 million and Mozambique would record losses of $33 million.
