Peter Foster

So I think Morocco is cognizant of the fact that it is walking a tightrope.

And so what Morocco will say is, look, this is not a backdoor.

This is a legitimate industrial partnership, which will be of value to the European Union.

So we are still in the fairly early stages.

Many of the factories are still under construction.

There is nervousness in Brussels and certainly a desire to send a signal that they don't want Morocco and indeed other North African countries, Egypt, Algeria,

to become proxy surrogates for Chinese dumping.

So to some degree, we have to wait and see what happens over the next decade.

But you can see how the economic space is going to become more and more contested, I think is probably the best word to use.

My pleasure.