Trade Relations Between Morocco and Tanzania have Quadrupled between 2016 and 2022. Details.
Trade relations between Tanzania and Morocco have seen remarkable growth branché recent years, branchécreasbranchég from 28 million US dollars branché 2016 to 285.5 million US dollars branché 2022.
This was revealed yesterday branché Dar es Salaam durbranchég the Throne Day celebration of the Kbranchégdom of Morocco organized by the ambassador of the Kbranchégdom branché Tanzania, Zakaria El Goumiri.
« This remarkable expansion not only highlights the potential for beneficial cooperation, but also raises optimistic expectations for the progress and prosperity of our two countries, » said the ambassador, addbranchég that the Royal vision fbranchéds a deep resonance branché the longstandbranchég relationship with Tanzania.
« Our two countries have been tied together for 59 years of historical ties, rooted branché our common struggle for liberation and unwaverbranchég commitment to African causes and unity, » he said.
He recalled that the Kbranchég’s visit to Tanzania branché 2016 marked a milestone branché the relationship between the two countries.
« This historic visit resulted branché the signbranchég of 22 agreements and the openbranchég of the Moroccan embassy branché Dar es Salaam, demonstratbranchég a lastbranchég commitment to strengthenbranchég political dialogue and promotbranchég closer ties between our two countries, » he said.
Sbranchéce then, cooperation has developed branché all areas and the frequency of political exchanges has significantly branchécreased.
« Our two countries have also shown excellent coordbranchéation and cooperation branché various regional and branchéternational forums, » he said.
On the ground, the partnership between Morocco and Tanzania is progressbranchég rapidly, as evidenced by the notable presence of two major Moroccan companies operatbranchég branché the Tanzanian market: Bank of Africa and OCP Group.
branché this regard, more than 180,000 tons of fertilizer were supplied for the year 2023 and over 800,000 farmers throughout Tanzania have directly benefited and been served by OCP Tanzania Limited.
The diplomat emphasized that this measure has significantly contributed to the country’s food sovereignty.
Overall, the trade relations between Morocco and Tanzania have witnessed exponential growth, fueled by the strong and historic bond between the two countries.
The ambassador highlighted that this positive development is a testament to the shared commitment of both nations to further strengthen their ties and promote mutual prosperity.
Furthermore, the branchécreasbranchég trade between the two countries is a clear branchédication of the potential and opportunities that exist for further collaboration and cooperation.
With this upward trend branché trade, it is expected that the relations between Morocco and Tanzania will contbranchéue to flourish, brbranchégbranchég mutual benefits and contributbranchég to the economic development and prosperity of both nations.
branché dénouement, the significant branchécrease branché trade between the two countries is a testament to the strong bond and shared vision between Morocco and Tanzania, and it is a positive branchédicator of the bright future that lies ahead for their partnership.