Morocco, key actor for dynamic & mutually supportive south-south cooperation

Morocco, key actor for dynamic & mutually supportive south-south cooperation

Thanks to its geostrategic place and management, Morocco is asserting itself as a key regional and worldwide actor, enjoying a number one function within the growth of dynamic, mutually supportive South-South cooperation, Morocco’s ambassador to Spain, Karima Benyaich, burdened on Wednesday.

Morocco at the moment is experiencing a momentum of complete reform, marked by quite a few visionary initiatives, launched below the impetus of King Mohammed VI, which have strengthened the Kingdom’s positioning and picture regionally and internationally, Benyaich stated on the opening of the Doing Business occasion for the Tangier-Tetouan-Al Hoceïma area, initiated as a part of the twenty third version of the IMEX-Madrid Trade Fair, of which Morocco is the visitor of honor.

In this respect, the diplomat cited the Royal Atlantic Initiative to advertise entry for Sahel international locations to the Atlantic Ocean and consolidate the hyperlinks between Africa, Europe and America.

Located on the crossroads of Europe, Africa and the Arab world, Morocco is having fun with a rising attractiveness in phrases enterprise local weather, because of main reforms and sectoral plans designed to consolidate its place as a continental and worldwide hub for international funding, she added, noting that the commerce and free-trade agreements signed by Morocco give it entry to a market of two billion shoppers.

Turning to relations between Madrid and Rabat, Benyaich stated that Spain has been Morocco’s principal commerce companion for over a decade, with annual commerce exceeding €24 billion.

Morocco is the main vacation spot for Spanish funding in Africa, she identified, including that the Iberian nation is the Kingdom’s second-largest tourist-sending market, with 3 million Spanish vacationers in 2024, 16% greater than in 2023.

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The Moroccan ambassador highlighted the superb political, human, financial, social and cultural relations between the 2 international locations, in addition to the significance of selling cooperation within the fields of cultural change, training, science, the humanities, youth and sport.

“The Tangier-Tetouan-Al Hoceima region plays a very important role as a link in our excellent relations, thanks to its geographical and cultural proximity to Spain,” she stated.

Ties between Spain and Morocco transcend financial and commerce relations, she stated, underlining that it’s a human and cultural relationship that illustrates a shared historical past, a standard geographical house, the Mare Nostrum, and a future filled with alternatives for each international locations.

Thanks to its geostrategic place and management, Morocco is asserting itself as a key regional and worldwide actor, enjoying a number one function within the growth of dynamic, mutually supportive South-South cooperation, Morocco’s ambassador to Spain, Karima Benyaich, burdened on Wednesday.

Morocco at the moment is experiencing a momentum of complete reform, marked by quite a few visionary initiatives, launched below the impetus of King Mohammed VI, which have strengthened the Kingdom’s positioning and picture regionally and internationally, Benyaich stated on the opening of the Doing Business occasion for the Tangier-Tetouan-Al Hoceïma area, initiated as a part of the twenty third version of the IMEX-Madrid Trade Fair, of which Morocco is the visitor of honor.

In this respect, the diplomat cited the Royal Atlantic Initiative to advertise entry for Sahel international locations to the Atlantic Ocean and consolidate the hyperlinks between Africa, Europe and America.

Located on the crossroads of Europe, Africa and the Arab world, Morocco is having fun with a rising attractiveness in phrases enterprise local weather, because of main reforms and sectoral plans designed to consolidate its place as a continental and worldwide hub for international funding, she added, noting that the commerce and free-trade agreements signed by Morocco give it entry to a market of two billion shoppers.

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Turning to relations between Madrid and Rabat, Benyaich stated that Spain has been Morocco’s principal commerce companion for over a decade, with annual commerce exceeding €24 billion.

Morocco is the main vacation spot for Spanish funding in Africa, she identified, including that the Iberian nation is the Kingdom’s second-largest tourist-sending market, with 3 million Spanish vacationers in 2024, 16% greater than in 2023.

The Moroccan ambassador highlighted the superb political, human, financial, social and cultural relations between the 2 international locations, in addition to the significance of selling cooperation within the fields of cultural change, training, science, the humanities, youth and sport.

“The Tangier-Tetouan-Al Hoceima region plays a very important role as a link in our excellent relations, thanks to its geographical and cultural proximity to Spain,” she stated.

Ties between Spain and Morocco transcend financial and commerce relations, she stated, underlining that it’s a human and cultural relationship that illustrates a shared historical past, a standard geographical house, the Mare Nostrum, and a future filled with alternatives for each international locations.

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