Economic and Commercial Relations between Morocco, Spain Are Structural and Not Cyclical (Spanish Ambassador)

Speaking at the opening of the first edition of the Year of Spain at the Higher Institute of Commerce and Business Administration (ISCAE) Group, Diez-Hochleitner Rodriguez stressed that in 2021, a year marked by the repercussions of the Covid-19 and the crisis between the two countries, Morocco and Spain have recorded trade of about 16.8 billion euros, noting that in the same year, exports from Spain to Morocco have posted an increase of more than 20 pc while exports from Morocco to Spain have increased by 10 pc.

He welcomed the organization of the year of Spain at the ISCAE, noting that this is the year of re-launch of bilateral relations after the visit of president of the Spanish government to Morocco last April, which has opened a new stage in relations between the two kingdoms.

For him, the core of bilateral relations should be based more on mutual knowledge, noting that such knowledge should focus on the training of young Moroccans and Spaniards so that “we can make the most of the complementarity and synergy that exist between the two countries”.

The two countries that have a win-win relationship in the economic and commercial field have not yet exhausted all the possibilities, he said, pointing out that there is still much to do, starting by training future Moroccan and Spanish executives through academic collaborations such as the memorandum signed between ISCAE and ESADE Business School, ranked in the top 20 management schools in the world.

Source: Agency Morocaine De Presse