Marcilio explained to M24 that Morocco has become the first investor in West Africa and the second investor at the continental level and has, therefore, the keys for Argentina and Paraguay to access these African markets that offer promising opportunities, with about 1.3 billion consumers.
After praising the political stability enjoyed by Morocco and its economic, industrial and agricultural policies that continue to evolve, the president of the Argentine-Paraguayan Chamber of Commerce said that the strengthening of economic relations with Morocco is through innovative ways that would emphasize the strengths of each country and the opportunities offered by the markets in both respective regions.
Marcilio stressed that the Chamber of Commerce, which he chairs, and other similar bodies in the region are likely to facilitate trade links between the Latin American and African regions, adding that Paraguay and Argentina could be the gateway to the Kingdom in the region.
In this context, he pleaded, it is necessary to work to promote Moroccan investments in the region, especially in Paraguay, which offers significant tax incentives for foreign investment, in addition to its position in the heart of the South American continent, which allows it to have direct access to virtually all countries in the region.
Likewise, Paraguay is now considered a platform for economic cooperation thanks to its political stability, which has made it a model for the region in terms of its ability to open up to the world and find markets outside regional borders, Marcilio continued.
Source: Agency Morocaine De Presse