Morocco and Pakistan have agreed to work together in a bid to seek ways to nurture, enhance and develop economic cooperation and trade for the mutual benefit of the two countries, according to official sources.
This information came out when Moroccan Foreign Trade Minister Abdellatif Maazouz held discussions with Pakistani Minister for Industries and Production Mian Manzoor Ahmad Wattoo in Rabat on Thursday, according to the official Moroccan News Agency (MAP).
During the meeting, the two sides agreed to establish a working agenda to discuss, from next October, the possibility of establishing a preferential trade agreement, which will in the future evolve into a free trade area between the two countries.
In addition, the two ministers, according to the state-run MAP, also exchanged views on several issues of common interest and explored opportunities for strengthening cooperative relations in economic, commercial and cultural fields.
In a statement to the press, Wattoo, who is also an advisor to the Pakistani prime minister, stressed the need to lift economic and trade relations to the level of the relations of friendship and brotherhood that existed between the two countries and develop them further.
For his part, the Moroccan minister said that bilateral relations between the two countries were experiencing a "positive development" and called on both governments to do everything to consolidate the current dynamic, according to the agency.
"Both countries should develop their economic relations on the basis of partnership agreements similar to the phosphates and fertilizers production agreement between Morocco and Pakistan," said the minister.
Further, the Moroccan minister said that the two countries should ensure the creation of a suitable environment with the aim of enabling the peoples of their respective countries to forge closer business and commercial ties.
The two ministers, who were addressing a joint press conference, also called on senior officials to visit one another in order to reinforce what they described as "the already strong and friendly relations between the two countries."
They also agreed that there was need not only to boost but also diversify the current trade ties by aggressively promoting investment opportunities and encouraging businesses from the two sides to form partnerships, according to the state-owned news agency.
Source:Xinhua
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