Official Map

India-Morocco Bi-lateral

The Bi-lateral Trade

Year	Indian Exports	Indian Imports	Balance of Trade
April 1999- March 2000	26.19	420.61	+394.42
April 2000- March 2001	39.91	322.54	+282.63
April 2001- March 2002	55.28	266.39	211.11

 

The Volume of Trade between Morocco and India during the last few years

Year	Moroccan Export	Moroccan Import	Volume of Trade	Balance of Trade in Favour of Morrocco
April 2000- March 2001	313.61	39.61	353.21	+274.01
April 2001- March 2002	266.39	55.28	321.67	+211.11
April 2002- March 2000	3199.65	126.98	326.63	+72.67

April-July 2003 (Financial year (2003 - 2004) not completed)

Future Trade and Investment Opportunities

To strengthen and fortify the Economic relations, India and morocco has shaped two important Institutional infrastructure:

• Indo Moroccan Business Council
• Indo Moroccan Joint Commission

Electricity and Energy
Electrical Power Overview

The organisation responsible for electricity production and supply is the Office National de I'Electricity, known as I'ONE. There are 14 local urban distribution companies to which I'ONE sells electricity in bulk.

The bulk of the electricity supply in Morocco comes from thermal stations and uses coal and oil. Electricity is imported from Algeria and Spain and the Moroccan government is encouraging increased hydroelectricity production. Morocco has four perennial rivers and many dams have been built with potential for power generation. Funds are to be spent on extending electricity supply to rural areas.

The government has confirmed that there will be opportunities for private sector in the expansion of Morocco's energy supply system. It is hoped that independent power projects will provide half of the investment necessary to meet rising demand for power.

Morocco has an installed generation capacity of 4100 MW, with 70% from thermal sources and the balance from hydroelectric. Electricity demand In Morocco is increasing at 7% per annum, however, only 15% of the rural population have access to electricity.

Mohammedia and Jorf Lasfar are the largest power plants and run off imported coal from South Africa.

Energy

The sectors of energy and mining contribute 10% of the GDP. The revenues that they generate illustrate the importance of these sectors.

• Around 20% of the state's fiscal returns.
• 13 billion Dh of remittances from mining exports, including 11 billion from phosphates and by-products, or 30% of the country's total exports.
• Investments: over 8 billion Dh.
• The number of direct jobs is 75,000 including 46,600 in mining.

Being a country that does not produce energy, Morocco depends for over 90% of its energy products supplies on exports. National energy consumption stands at around 8.4 mln TEP. The share of oil products in this consumption stands at 68.4%, that of coal at 25%.

Main Contact in New Delhi

H. E. Mr. Larbi Moukhariq,
Ambassador of The Kingdom of Morocco.
The Embbasy of The Kingdom of Morocco,
33-Golf Links, New Delhi 110003.

Main Contact in Mumbai

Mr. K .k. Kanoria
Honorary Consul
Honorary Consulate of The Kingdom of Morocco,
Shiv Smiriti, 49 Dr. Annie Besant Road,
Worli Mumbai 400018.

Indian Embassy

13, Charia Michiifen,
Agdal, Rabat, Morocco
Telephone: 00-212-37-671339, 675974
Fax: 00-212-37-671269 , Email: India@maghrebnet.net.ma
Web : www.indianembassymorocco.ma

Chamber of Commerce

CGEM
(General Confederation of Moroccan Entrepreneurs)

Indo-arab Chamber Of Commerce & Industries
39, Maker Tower "F", 3rd Floor,
Below Saudi Consulate,
Cuffe Parade, Mumbai 400 005. India
Tel. 91-22-40606162 Fax : +91-22-22188221
E-mail : iacci@bom3.vsnl.net.in
Web : www.iacci.org

Visa Procedure

Visa is being issued in the embassy at New Delhi.