The Kingdom of Morocco is a strategic partner for South America, said diplomats accredited in Rabat from member states of the Southern Common Market (Mercosur), which celebrates this Friday its 30th anniversary.
In 2020, Mercosur exported the equivalent of USD 1,166.2 million to the Kingdom against imports totalling USD 1,368.2 million, wrote the ambassadors of Argentina, Brazil and Paraguay in Rabat in a joint letter on the occasion of the celebration of the 30th anniversary of this Block, citing data from the Mercosur Foreign Trade Statistics System (SECEM).
“Mutual investments are increasing and making economic relations between Mercosur countries and Morocco even more dynamic and deep”, underlined the ambassadors Raúl Ignacio Guastavino (Argentina), Julio Glinternik Bitelli (Brazil) and Oscar Rodolfo Benitez Estrago (Paraguay) in their joint letter.
“Moreover, our links are not limited to trade issues: political and cultural agreements, cooperation agreements between governments, academic institutions and companies and coordination in multilateral fields are examples that make up the common history of our countries”, said the three diplomats.
The ambassadors stressed, in this regard, that Mercosur presents itself as a platform not only to pool the efforts of its member states, but also to promote the development of relations with its commercial partners.
“Mercosur has a clear multilateral vocation and has implemented preferential or free trade agreements with several countries and regions of the world. It is in this dynamic that dialogue with the Kingdom of Morocco is inscribed with a view to ‘an ambitious treaty of trade, friendship and economic development in the respective regions,” according to the same source.
“With the end of the bitter fight against the COVID-19 pandemic, humanity will face a great challenge, namely social and economic recovery in the post-pandemic period. We hope that Mercosur and the Kingdom of Morocco will work in harmony and will join forces to improve the quality of life of their citizens, by deepening our political, economic, social and cultural relations,” they pointed out.
On March 26, 1991, guided by the principles of democracy and economic development, Argentina, Brazil, Paraguay and Uruguay signed the Treaty of Asunción, thus giving birth to the process of regional integration known as Mercosur.
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