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Friday 27 September 2013

Moroccan-Spanish Economic Relations Likely To Provide Framework For Sustainable Understanding

Vocal synthesis
Moroccan-Spanish Economic Relations Likely To Provide Framework For Sustainable Understanding

Economic and trade relations between Morocco and Spain are likely to provide a framework for a sustainable understanding, especially in the mutual interest of the agricultural sectors of the two countries, said Friday in Casablanca, the Minister of Agriculture and maritime Fisheries, Aziz Akhannouch.

         Mr. Akhannouch, who addressed to participants at the opening of the 2nd meeting of Spanish-Moroccan Joint Committee on fruits and vegetables and the Moroccan-Spanish Joint Committee for the fishing industry, highlighted the privileged position of Spain in the Moroccan foreign trade as the first supplier of Morocco and its second customer.

      In terms of agro-food products, trade between the two countries in 2012 totaled about 788 million euros, or 10 per cent of the total value of trade.

        For his part, Spanish minister of agriculture, Miguel Arias Canete, said that the relations between professionals in the agricultural sector are "excellent".

         Regarding the fishing agreement, he said that it is "very balanced" and that its implementation is expected in late November, after the approval by the European Union.