Maghreb Arab Press

Morocco, Strategic Ally Enjoying Russia's Confidence (Minister)

Rabat   -  
Russian Agriculture minister, co-chairman of the Russian-Moroccan joint intergovernmental commission, Alexander Tkachev, said, Tuesday in Rabat, that Morocco is a strategic ally that enjoys the confidence of Russia.
Morocco, Strategic Ally Enjoying Russia's Confidence (Minister)
11 October 2017

Speaking at the inaugural session of the 4th Morocco-Russia economic forum, organized by the Moroccan Employers' Association (CGEM) in partnership with the Arab-Russian business council, Tkachev said his country aspires to strengthen its bilateral relations with the Kingdom in the political, economic and trade fields.

"Moroccan-Russian ties have promising prospects thanks to the political willingness of HM King Mohammed VI and Russian President Vladimir Putin," he said.

The Russian official also hailed the quality of Moroccan-Russian relations, noting that strengthening cooperation with the Eurasian Economic Union (EAEU) will allow Morocco to open up to a market of over 200 million consumers.

Tkachev also called on the two governments to make efforts to establish a free trade zone to increase the volume of trade and lift customs barriers, stressing the need to open a "green passage" for investors of both countries in order to speed up and simplify customs formalities.

He also urged Moroccan operators and exporters to seize the opportunities offered by the Russian market and highlighted the importance of the Moroccan market for his country, which plans to export 1 million tonnes of wheat to Morocco.

In addition to citrus fruits and legumes, Morocco exports fishery products to Russia with more than 90 industrial fishing enterprises, the minister said.

Russia is investing in Morocco in the pharmaceutical, automotive and energy industries, notably liquefied natural gas, electricity generation and infrastructure.

Last modified : 11 October 2017

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