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Morocco & EU Commission Discuss Trade Relations

October 14, 2023
Morocco & EU Commission Discuss Trade Relations
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In a meeting held in Marrakech, Moroccan Prime Minister Aziz Akhannouch and the Deputy Executive Vice-President of the European Commission, Valdis Dombrovskis, discussed the enhancement of trade relations between Morocco and the European Union.

Prime Minister Akhannouch shared details of the meeting on his former Twitter account, stating that “Paolo Gentiloni, the European Commissioner for the Economy, responsible for economic and monetary policy, taxation, and customs union, attended the meeting, which took place on the sidelines of the annual meetings of the World Bank and the International Monetary Fund.”

During the meeting, which was also attended by Moroccan Ministers of Economy and Finance, discussions revolved around exploring the prospects of developing the strategic partnership between Morocco and the European Union. The leaders also explored ways to strengthen economic cooperation, particularly in the field of renewable energy, which holds special significance according to Morocco’s monarch, in addition to enhancing trade exchanges.

It is worth noting that during the meeting, European officials commended Morocco’s exemplary handling of the earthquake crisis and highlighted the country’s effective organization in hosting the annual meetings of the World Bank and the International Monetary Fund in Marrakech.

The meeting between the Moroccan Prime Minister and the Deputy Executive Vice-President of the European Commission signifies the commitment of both parties to strengthen their trade and economic ties. Morocco has been actively working to develop renewable energy sources as part of its broader sustainability and development goals.

The commendation from European officials for Morocco’s handling of the earthquake crisis and its efficient organization of international meetings underscores the country’s growing importance on the global stage. Such discussions reflect the ongoing efforts of countries and international organizations to collaborate on economic and strategic matters to address common challenges and promote mutual interests.

Tags: Morocco
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