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After Blocking Ikea, Morocco Officially Boycotts All Swedish Companies

Source : | 1 October 2015 |  Economy | 393 views

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Rabat – Morocco has decided to retaliate against Sweden, in response to Stockholm’s project to recognize the self-proclaimed Sahrawi Democratic Republic (SADR).

Mustapha Khalfi ,Minister of Communications and Spokesperson of the Government, announced this Thursday that Rabat decided to boycott all Swedish companies and products, in protest against the Swedish government’s “assault on Moroccan sovereignty”.

According to the Minister, the Moroccan government took this decision as retaliation following Sweden’s decision to boycott some Moroccan companies and other foreign companies that have relations with Morocco.

“Sweden has declared an economic war in Morocco in calling for a boycott of Moroccan companies as well as foreign companies that have relations with Morocco,” Khalfi said following the government’s council meeting in Rabat.

Khalfi pointed out that Morocco will “stay put till the end,” adding that Sweden has more to lose since” the trade balance is unbalanced “in favor of the Scandinavian country. He said that Morocco’s total imports from Sweden are estimated at almost MAD17 billion against of MAD2.5 billion worth of Moroccan exports to the Scandinavian country.

Khalfi accused Sweden of offering “financial support” to organizations that are hostile to Morocco.

“Morocco is sure of itself and its reforms in the areas of freedoms, human rights and the implementation of regionalization,” Mustafa Khalfi explained.

The government Spokesperson added that Moroccan foreign Ministry met several times with his Swedish counterpart in the UN’s headquarter, expressing Morocco’s “outrage” regarding Sweden’s assault on Moroccan territorial integrity.

Morocco will not tolerate that its “stability, territorial unity and its commercial interests” be threatened, the Minister concluded.

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