Morocco, Azerbaijan Sign 5 Agreements and MoUs

Officials during the signing ceremony in Rabat on Monday. (Asharq Al-Awsat)
Officials during the signing ceremony in Rabat on Monday. (Asharq Al-Awsat)
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Morocco, Azerbaijan Sign 5 Agreements and MoUs

Officials during the signing ceremony in Rabat on Monday. (Asharq Al-Awsat)
Officials during the signing ceremony in Rabat on Monday. (Asharq Al-Awsat)

Morocco and Azerbaijan signed in Rabat on Monday five agreements and memorandums of understanding (MoUs) aimed at strengthening bilateral cooperation in various sectors.

The agreements were signed during the second sessions of the Joint Cooperation Commission. The meeting was co-chaired by the Minister of Foreign Affairs, African Cooperation and Moroccan Expatriates, Nasser Bourita, and his Azerbaijani counterpart, Jeyhun Bayramov.

The agreements and MoUs cover the fields of logistics, energy, environment and sustainable development, labor legislation, health and medical sciences.

A Framework Cooperation Agreement was signed with the aim of establishing mutually beneficial cooperation between the two countries in the field of logistics and facilitating and rationalizing logistics flows through the development of logistics centers, the improvement of commercial logistics chains, the development of cooperation between logistics training institutes, and the encouragement of the exchange of logistics expertise and experience.

The second agreement aims to enable the two parties to exchange information with a view to expanding bilateral cooperation in the field of oil and gas, exploring opportunities for cooperation in energy-related services, conducting scientific and technical research of common interest in the field of energy, and cooperating in the field of renewable energies and their optimal use.

The two parties also signed an MoU aimed at developing bilateral cooperation in the field of environmental protection and the reasonable use of natural resources, through the joint implementation of activities in the areas of climate change adaptation, the green economy, the prevention of marine pollution, and environmental and sustainable development learning.

Another MoU on cooperation was signed between Morocco's Ministry of Economic Inclusion, Small Business, Employment and Skills and Azerbaijan’s Ministry of Labor and Social Protection of the Population.

It aims to enable the parties to carry out joint activities to ensure the application of labor legislation in both countries, ensure occupational safety and health, settle labor disputes, develop labor market policies, improve the performance of employment services, enhance the quality of the workforce and increase qualifications in the labor market.

Another MoU was signed between Morocco's Ministry of Health and Social Protection and Azerbaijan’s Ministry of Health for cooperation in the field of health and medical science.

It aims to develop cooperation in the field of health and medical science through the exchange of expertise and the sharing of health-related knowledge, the prevention of chronic diseases, raising awareness of diseases, and ensuring access to medical care for people with disabilities.

Separately, Azerbaijan again reaffirmed its "permanent and unwavering" support for Morocco's territorial integrity and the Kingdom's sovereignty over its Sahara.

It expressed its support for the efforts of the United Nations and the Secretary-General's Personal Envoy to achieve a lasting and equitable political solution to the Sahara dispute, based on the relevant UN Security Council resolutions, notably resolution 2703, the Moroccan Autonomy Plan, and serious and credible efforts by Morocco to resolve the conflict.

Relations between Morocco and Azerbaijan have reached a level of excellence, characterized by solidarity, trust, mutual respect, and reciprocal support on issues of vital interest to them.

King Mohammed VI and President Ilham Aliyev are particularly interested in developing and diversifying these relations to the benefit of the prosperity and well-being of both the Moroccan and Azerbaijani peoples.



Iraq in Talks with Gulf States on Pipeline Exports beyond Hormuz

Workers carry out maintenance on a pipeline at a gas separation station in the Zubair oil field near Basra (AP). 
Workers carry out maintenance on a pipeline at a gas separation station in the Zubair oil field near Basra (AP). 
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Iraq in Talks with Gulf States on Pipeline Exports beyond Hormuz

Workers carry out maintenance on a pipeline at a gas separation station in the Zubair oil field near Basra (AP). 
Workers carry out maintenance on a pipeline at a gas separation station in the Zubair oil field near Basra (AP). 

Iraq is in talks with Gulf countries to use their pipeline networks to secure alternative oil export routes beyond the Strait of Hormuz, the state oil marketer SOMO said Thursday.

The move is part of an emergency strategy by the oil ministry to tap regional infrastructure and bypass maritime chokepoints, ensuring Iraqi crude continues to reach global markets while offsetting higher transport costs linked to the current crisis.

Ali Nizar al-Shatari, head of the State Organization for Marketing of Oil (SOMO), said the ministry is prioritizing negotiations to access Gulf pipeline systems extending beyond the Strait of Hormuz and into the Arabian Sea, allowing exports to avoid areas of military tension.

“The goal is to secure stable routes that guarantee efficient flows of Iraqi oil at lower transport costs,” Shatari said, adding that Iraq generated about $2 billion in oil revenues in March, up 28 percent from February.

He said SOMO exported around 18 million barrels of crude from Basra, Kirkuk and the Kurdistan region by using all available outlets, including southern ports that operated until early March and northern routes to Türkiye’s Mediterranean port of Ceyhan.

As part of efforts to diversify export options, Shatari revealed that the first shipments of fuel oil and Basra Medium crude successfully reached Syrian ports.

He noted that Iraq had signed a deal to export 50,000 barrels per day via this route, describing cooperation with Syria as “very significant,” with storage and security provided to ensure safe delivery to the port of Baniyas.

The route has proven effective and could become a permanent option after the crisis, he added.

Shatari further noted that the oil ministry is close to completing repairs on the Iraq-Türkiye pipeline, which suffered extensive damage in previous years.

Technical teams have inspected the most difficult terrain, with about 200 kilometers (125 miles) still to be assessed in the coming days before full pumping of Kirkuk crude resumes.

In a notable logistical move, Iraq has begun pumping Basra crude northwards for export via Ceyhan.

Flows started at 170,000 barrels per day and are expected to stabilize between 200,000 and 250,000 bpd, helping offset disrupted southern exports and supply energy-hungry markets in Europe and the Americas.

Shatari said Iraq has benefited from rising global prices by selling Kirkuk crude — a medium-grade oil — at strong premiums.

He also confirmed the reactivation of an agreement with the Kurdistan region to reuse the pipeline through the region to Ceyhan, helping lift total exports to 18 million barrels in March.

This came despite a drop in production in Kurdistan fields to about 200,000 bpd due to security threats, he added.

 

 


World Food Prices Rose in March as Iran War Lifted Energy Costs, FAO Says

 A farmer carries harvested rice at a paddy field in Samahani, Aceh province on April 2, 2026. (AFP)
A farmer carries harvested rice at a paddy field in Samahani, Aceh province on April 2, 2026. (AFP)
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World Food Prices Rose in March as Iran War Lifted Energy Costs, FAO Says

 A farmer carries harvested rice at a paddy field in Samahani, Aceh province on April 2, 2026. (AFP)
A farmer carries harvested rice at a paddy field in Samahani, Aceh province on April 2, 2026. (AFP)

The war in the Middle East has pushed food commodity prices higher due to higher energy and fertilizer costs, the UN's food agency said Friday. 

The UN's Food and Agriculture Organization (FAO) said its Food Price Index, which measures the monthly changes in international prices of a basket of food commodities, had increased 2.4 percent in March from February. 

It was the second rise in a row, which the agency said was largely due to higher energy prices linked to conflict in the Middle East. 

Within the index, the category of vegetable oil saw the sharpest rise, of 5.1 percent over February, as palm oil prices reached their highest point since the middle of 2022, due to effects from spiking crude oil prices, FAO said. 

However, a "broadly comfortable" supply of cereal has cushioned the damaged from the conflict, FAO said. 

"Price rises since the conflict began have been modest, driven mainly by higher oil prices and cushioned by ample global cereal supplies," said FAO Chief Economist Maximo Torero in a statement. 

But he warned that if the conflict goes on beyond 40 days and the high prices on fertilizer continue, "farmers will have to choose: farm the same with fewer inputs, plant less, or switch to less intensive fertilizer crops". 

"Those choices will hit future yields and shape our food supply and commodity prices for the rest of this year and all of the next." 

Disruptions to production and supply chain routes had also introduced "additional uncertainty" into the outlook for wheat and maize, FAO found. 


Turkish Inflation Near 2% Monthly in March, Below Forecasts

A full moon rises behind Galata Tower, in Istanbul, Türkiye, Thursday, April 2, 2026. (AP)
A full moon rises behind Galata Tower, in Istanbul, Türkiye, Thursday, April 2, 2026. (AP)
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Turkish Inflation Near 2% Monthly in March, Below Forecasts

A full moon rises behind Galata Tower, in Istanbul, Türkiye, Thursday, April 2, 2026. (AP)
A full moon rises behind Galata Tower, in Istanbul, Türkiye, Thursday, April 2, 2026. (AP)

Turkish consumer price inflation was 1.94% month-on-month in March, while the annual figure fell to 30.87%, data from the Turkish Statistical Institute showed ‌on Friday.

In ‌a Reuters ‌poll, ⁠monthly inflation was ⁠forecast to be 2.32%, with the annual rate seen at 31.4%, driven by ⁠a rise in ‌fuel prices ‌and weather-related pressures ‌on food inflation.

In ‌February, consumer prices rose 2.96% month-on-month and 31.53% year-on-year, broadly in ‌line with estimates and reinforcing expectations that ⁠the ⁠disinflation process may be stalling.

The data also showed the domestic producer index rose 2.30% month-on-month in March for an annual increase of 28.08%.