The EU finances the Moroccan olive grove with €115 million

Updated Feb 17, 2023
Olmerca.- The European Union, through the Economic Investment Plan, is financing olive oil production in Morocco with up to 150 million euros.
This is revealed by the response obtained by the non-assigned deputy Pablo Cambronero to a written question to the Government, which he himself has made public through social networks. In said answer it is indicated that with this investment, the EU intends to "support the ecological, inclusive and innovative development of the agricultural and forestry sectors of this country". It also indicates that Morocco produces 176,000 tons of olive oil on average and exports approximately 10% of its production, and compares it with the ...
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