News

Morocco, Rwanda to Join International Pact Countering Trump’s Trade Policies

Morocco, Rwanda to Join International Pact Countering Trump’s Trade Policies
Tuesday, 02 September 2025 14:33
  • Morocco, Rwanda set to join new WTO-aligned trade group FIT-P
  • Group counters U.S. protectionism, promotes rules-based free trade
  • Focus includes digital trade rules, e-signatures, and e-commerce

Morocco and Rwanda are expected to join a new World Trade Organization (WTO)-aligned group of countries aiming to promote “open trade” in response to protectionist measures by the U.S. President Donald Trump, which have undermined the global consensus on trade rules. This was reported by the British newspaper The Financial Times on Friday, August 29, 2025, citing diplomatic and government sources from Asia, Latin America, and Australasia close to the matter.

The new group, to be called the Future of Investment and Trade Partnership (FIT-P), is being launched by Singapore, the United Arab Emirates, and New Zealand. Diplomats say the group could include about a dozen potential members, including Morocco, Rwanda, Malaysia, Costa Rica, Panama, and Norway.

The FIT-P, which will focus on “rules-based” international trade and the defense of free trade, is expected to launch during a virtual meeting in November, followed by an in-person event in July 2026. “The idea, at the start, is to keep it as a loose coalition to bolster trade openness and international trade rules, but it may evolve into something bigger over time. It is a work in progress,” one person involved in the discussions said according to the British newspaper.

One of the group's main areas of focus is to ask member countries to guarantee equal treatment for both paper and digital trade documents, the acceptance of electronic signatures, and rules on e-commerce, which are considered essential for improving the efficiency of international trade.

The formation of this new group comes as the Trump administration has upended established international trade rules by forcing the majority of its trading partners into lopsided framework agreements, which include unilateral tariff increases on goods imported by the United States.

The U.S. president's trade offensive has prompted some experts, including former International Monetary Fund (IMF) chief economist Olivier Blanchard, to recommend counter-plans to these asymmetric agreements by creating coalitions among affected states to defend the former international trade order. The European Union has announced it will strengthen its trade ties with members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a free trade agreement signed in March 2018 by eleven Asia-Pacific countries, which the United Kingdom joined in December 2024.

Walid Kéfi

On the same topic
EUR 106 million allocated for project- and program-based technical and financial cooperation. EUR 100 million in direct budget support aligned with...
Rwanda maintained strong growth and adequate reserves, but external pressures are mounting. Public debt is projected to rise toward 80% of GDP by 2027,...
Dangote Foundation pledges 1 trillion naira for Nigerian education over decade Funding targets STEM, girls’ education, teacher training from...
The mining group is refocusing on iron, aluminium, lithium and copper while placing other activities, including titanium, under strategic review, raising...
Most Read
01

Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...

Omer-Decugis & Cie Expands Mango Operations in West Africa
02

Eritrea faces some of the Horn of Africa’s deepest infrastructure and climate-resilience gaps, lim...

AfDB Re-engages Eritrea With Strategy Focused on Infrastructure, Climate Resilience and Regional Integration
03

Huaxin's $100M Balaka plant localizes clinker production, saving Malawi $50M yearly in f...

Malawi: New $100M Cement Plant Targets Forex Crisis but Faces Energy Reality
04

Nigeria seeks Boeing-Cranfield partnership to build national aircraft MRO centre Project aims t...

Nigeria Pursues Boeing, Cranfield Partnership to Establish Aircraft Maintenance Center
05

Benin says a coup attempt was foiled, crediting an army that “refused to betray its oath.” ...

Benin Government Says Attempted Coup Against President Talon Has Been Foiled
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.