Saudi Arabia is seeking cooperation from Morocco to become the second largest exporter of phosphate fertilizers.

Great cooperation unites the two ancestral and brotherly kingdoms, Morocco and Saudi Arabia, in several areas, the latest being collaboration in the phosphates and fertilizers sector. Morocco, which has the largest global reserves and is one of the strong economic powers in the manufacturing and export of phosphate fertilizers, is at the heart of this cooperation.

Saudi Arabia is seeking to leverage Moroccan experience to become the second largest exporter of phosphate fertilizers in the world after Morocco, particularly after the discovery of large and promising phosphate reserves in some Saudi regions.

In this regard, Bandar bin Ibrahim Al-Khorayef, Minister of Industry and Mineral Resources, held discussions this week with Leila Benali, Minister of Energy Transition and Sustainable Development, as well as with officials from the Office Chérifien des Phosphates (OCP), the company “Managem”, and some Moroccan mining companies. These meetings aim to strengthen bilateral cooperation and explore the significant investment opportunities offered by the Saudi mining sector, as well as the services and incentives offered by the ministry to investors.

This meeting is part of the current visit of the Minister of Industry and Mineral Resources to Morocco, where he is leading the Saudi delegation during the twenty-eighth session of the General Assembly of the Arab Organization for industrial development, standardization and mines, which is being held in Rabat from June 4 to 6.

Additionally, Saudi Arabia discovered significant phosphate reserves in its northern borders, prompting it to seek Moroccan expertise and strengthen cooperation between the two kingdoms. This collaboration will allow Saudi Arabia to become one of the largest exporters of phosphates and their derivatives in the near future.