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The European Union has pledged €200 million to assist Morocco with post-earthquake reconstruction, bringing total aid to €1 billion. Despite this support, relations between Morocco and the EU are strained due to a legal dispute over Western Sahara and trade agreements.
The European Union has pledged €200 million ($210 million) to assist Morocco in rebuilding after the devastating 6.8 magnitude earthquake that struck on September 8, 2023. The announcement was made by EU Commissioner for Neighbourhood and Enlargement, Oliver Varhelyi, during a press conference in Rabat on Monday.
The earthquake, Morocco's deadliest since 1960, killed over 2,900 people and caused extensive damage to critical infrastructure. In response, Morocco has outlined a five-year reconstruction plan aimed at upgrading key infrastructure across the country.
Varhelyi also revealed that the EU's total aid for Morocco's earthquake recovery will reach €1 billion. This follows a history of strong economic ties, with Morocco receiving €5.2 billion in EU investments over the past five years.
Despite the financial support, relations between Morocco and the EU face challenges due to recent legal disputes. The European Court of Justice annulled fishing and agricultural agreements between the two parties, citing issues related to products from the disputed Western Sahara region.
The long-standing conflict over Western Sahara, which began in 1975, pits Morocco against the Polisario Front, an independence movement backed by Algeria. Morocco views Western Sahara as part of its territory, while the Polisario Front seeks an independent state.
In light of the court ruling, Moroccan Foreign Minister Nasser Bourita emphasized the importance of protecting Morocco's territorial integrity, stating that "there will be no partnerships at the expense of Morocco's territorial integrity." He also underscored the need for EU-Morocco relations to be shielded from "judicial harassment."
Despite these tensions, Morocco has strengthened its ties with Spain and France, both of which have backed Morocco’s autonomy plan for Western Sahara, further complicating the geopolitical landscape.
The 32 countries belonging to the Internatioanl Energy Agency agreed to release 400 million barrels of oil on Wednesday (11 March), in efforts aimed at bringing down the price of crude oil, which has soared since fighting between Iran, Israel and the U.S. started at the end of February.
A towering lava fountain from Kilauea shot about 400 metres into the air late on Tuesday (11 March) on Hawaii Island, prompting temporary closures at Hawaii Volcanoes National Park and part of a key highway as volcanic ash and debris fell over nearby areas.
Norwegian police apprehended three brothers suspected of carrying out Sunday's (8 March) bombing at the U.S. embassy in Oslo, in an attack investigators have branded an act of terrorism.
Azerbaijan is evacuating nearly 200 people from the Middle East on a special charter flight departing from Oman.
China has raised the retail prices of petrol and diesel after global oil prices climbed sharply. The country’s top economic planning body, the National Development and Reform Commission (NDRC), announced the move after reviewing international oil market trends.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 12th of March, covering the latest developments you need to know.
Norwegian police apprehended three brothers suspected of carrying out Sunday's (8 March) bombing at the U.S. embassy in Oslo, in an attack investigators have branded an act of terrorism.
Oil prices continue to fluctuate as a result of the conflict in the Middle East with Iran and the insecurity of ships sailing through the key Strait of Hormuz route. Iran has said it will target any ship linked to the U.S., Israel or their allies.
Britain has deployed the Royal Navy destroyer HMS Dragon to the eastern Mediterranean to strengthen protection for its military assets in the Middle East after a drone strike targeted a key UK air base in Cyprus earlier this month.
Member countries of the International Energy Agency have unanimously agreed to release 400 million barrels of oil from emergency reserves to stabilise global markets disrupted by the war involving Iran.
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