Underscoring the importance of the document, Nasser Bourita, Morocco’s Minister of Foreign Affairs, told Maghreb Arab Press (MAP) that, “the signing of this document is part of the strengthening partnership between Morocco and the EU” under the farm agreement between the two parties.
According to Bourita, the document is an “important step in a process that will continue in the coming weeks to strengthen this important pillar of the relationship between Morocco and the European Union.
The signing ceremony took place in the presence of Aziz Akhannouch, Minister of Agriculture and Ahmed Reda Chami, Morocco’s Ambassador to the EU.
The partnership linking the two parties is underpinned by numerous economic and political agreements. The partnership around agriculture was reinforced by the launch of the European Neighbourhood Policy (ENP) in 2003. Additionally, the European Union is Morocco’s leading trade partner, according to the EU.
“In 2012 the EU imported goods from Morocco worth just over EUR 9 billion and exported EUR 7 billion worth to Morocco,” added the same source.
In 2016, the EU imported more than EUR 3 billion worth of agricultural products from Morocco.
EU data also indicated that 61 percent of all Moroccan exports go to the EU, and 52 percent of all Morocco’s imports come from the EU. Data also showed that Morocco’s trade with the EU is rapidly growing across several important non-agricultural sectors.