Morocco and Argentina reaffirmed their shared willingness to enhance their already strong economic partnership and welcomed their convergence of views on several regional and international issues.
This came during the 8th session of the Morocco-Argentina Joint Commission held on Thursday in Buenos Aires.
The session was co-chaired by Fouad Yazourh, Director General for Political Affairs at the foreign ministry, and Roberto Alejandro Salafia, Undersecretary for International Economic Negotiations and Integration.
Both sides reviewed the state of bilateral relations and explored ways to inject new momentum into them by strengthening cooperation in strategic sectors, notably agriculture and food security, renewable energy, investment promotion, fertilizers, the pharmaceutical industry, animal health, and phytosanitary procedures.
Morocco and Argentina also expressed their shared determination to diversify trade exchanges and explore new business opportunities, while capitalizing on the complementarity of their economies and the comparative advantages they each possess.
In this regard, Yazourh stressed that, thanks to a “governance philosophy” implemented under the leadership of King Mohammed VI, which has driven the development of several high value-added economic sectors, Morocco has positioned itself as a reliable partner capable of opening significant markets to Argentine products through the numerous free trade agreements it has concluded with various countries.
He further invited the Argentine side to revisit the legal frameworks governing bilateral economic relations, particularly as some of the agreements date back to the 1980s.
For his part, Salafia emphasized his country’s willingness to bring about a “qualitative leap” in its relations with Morocco through the diversification of trade exchanges, given the vast potential of both countries, which are engaged in a fruitful dynamic of economic openness.
Officials from both countries also examined opportunities for coordination and the establishment of joint partnerships aimed at promoting investment and trade between Africa and the Arab world on the one hand, and South America on the other.
In this context, the Moroccan delegation presented to the Argentine side the Royal Atlantic Initiative, which seeks to make the African Atlantic space a framework for peace, stability, prosperity, and mutually beneficial cooperation.
On the sidelines of the joint commission, Argentine Minister of Foreign Affairs, Pablo Quirno, received Fouad Yazourh. The two sides praised as excellent the relations of friendship and cooperation uniting the two countries and reaffirmed their shared desire to further consolidate their partnership in various areas of mutual interest.
They reviewed the main cooperation initiatives between Morocco and Argentina, and emphasized the importance of maintaining a regular political dialogue to support the ongoing positive momentum in their bilateral relations.
Discussions also focused on the prospects for strengthening economic and commercial ties, as well as exploring ways to encourage investment and develop cooperation in high-potential sectors.
Furthermore, the two officials underscored the critical need for consultation and coordination within multilateral organizations to promote dialogue, stability, and international cooperation.
