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Ambassador: Mexico and Morocco Invited to Invest in Joint Cooperation Opportunities

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Note: This news was translated automatically and may contain some language errors.

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The Kingdom's Ambassador to Mexico, Abdel Fattah El-Labar, affirmed that Mexico and Morocco are complementary countries invited to invest in the huge joint cooperation opportunities in various fields.

El-Labar, who was a guest on the program "Generacion de valor" broadcast by the Mexican radio station "Radio Anahuac", highlighted many similarities and complementarities between Morocco and Mexico, which form the basis for strengthening cooperation and exploiting the huge partnership opportunities between the two countries, especially in the fields of economy, education, sustainable development, and renewable energies. The ambassador explained that Mexico and Morocco are ancient countries with commonalities in terms of customs, cuisine, traditional industry, and the values ​​of hospitality and coexistence, as well as many economic, natural, tourism and historical components. In this regard, he pointed out that the Kingdom constitutes a gateway to Europe, the Arab world, and Africa, while Mexico constitutes a gateway to the Americas and the Caribbean, highlighting that the two countries are pioneers in their regions in the automotive and aviation industries, and they have the most important companies that operate in these two fields, which provides wide horizons for cooperation between them. He pointed out that an increasing number of Mexican companies are settling in Morocco, due to the opportunities it provides to access European, African and Arab markets and benefit from the free trade agreements that it brings together with many countries, pointing out, in the same context, that the Kingdom is the first trading partner of Mexico in the Arab region and the second in Africa. He also highlighted that Morocco is the first Arab and African destination for Mexican tourists, stressing the importance of strengthening bilateral air connectivity through a direct air route between the two countries that contributes to strengthening bilateral rapprochement and acquaintance and exploring economic opportunities. He continued that the educational sector also constitutes an important area for strengthening bilateral cooperation, given the similarity of the educational system in the two countries in terms of the educational path, pointing out, in this context, that there are seven cooperation agreements between the "National Autonomous University of Mexico", the largest and most important university in the country and one of the most prominent universities in Latin America, and various Moroccan university institutions, which contributes to enhancing the exchange between students and researchers from both countries. He pointed out that agricultural research constitutes a fertile ground for cooperation between the two countries, due to the importance of the sector in them and due to Morocco's ability to provide fertilizers in a manner that suits the characteristics of the soil in the various Mexican states. On another level, the ambassador highlighted the interest that Morocco, under the leadership of King Mohammed VI, has been paying to human development and to improving the status of women, particularly through their economic and political empowerment, as well as to the development of the renewable energy sector, which provides important opportunities for partnership between Morocco and Mexico.

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