Economy

Morocco-Equador: Rabat and Quito Aim to Accelerate Economic and Trade Cooperation

Morocco and Ecuador Seek to Strengthen Economic and Trade Relations

Morocco and Ecuador have expressed their commitment to enhancing their economic and commercial ties as well as revitalizing their bilateral exchanges. This ambition was at the heart of discussions held on Monday in Rabat between Ryad Mezzour, the Moroccan Minister of Industry, Trade, Investment, and Economic Inclusion, and Roberto Carlos Kury Pesantes, the Ecuadorian Minister of Foreign Relations and Human Mobility.

During this meeting, Mezzour noted that the discussions are part of the implementation of the Royal High Directions aimed at diversifying the Kingdom’s economic partnerships and expanding its reach into new markets.

The Minister also highlighted the conclusion earlier this year of a framework for an economic and commercial partnership between the two countries. The talks specifically focused on ways to consolidate this agreement and translate it into tangible benefits for both Moroccan and Ecuadorian economies.

On his part, Roberto Carlos Kury Pesantes emphasized that his visit to Morocco aims to strengthen bilateral relations while exploring new avenues for investment and trade development.

The discussions also touched upon potential cooperation in the field of security. The Ecuadorian official pointed out that, despite their geographical distance, both countries face common challenges and possess numerous opportunities for collaboration.

Ecuador is keen to explore possibilities for establishing new agreements and further improving trade relations with Morocco.

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