Morocco, which has free trade pacts with countries in North America and Europe, can be a window for Indian businesses in these regions, according to a Moroccan business delegation on a visit to India.
"Morocco has free trade agreements with Europe and is a member of the North American Free Trade Agreement (NAFTA)," Jawad Kerdoudi, president of the Moroccan Institute for International Relations (IMRI), said at an interaction at the Observer Research Foundation here.
Explaining that IMRI's objectives include promoting Morocco's trade with other nations, Kerdoudi also proposed a framework for tripartite cooperation involving Africa, India and Morocco.
"We can manage a tripartite cooperation between India, Africa and Morocco that will benefit all three parties because we are very present in the continent. Morocco has been too linked to Europe. We want to diversify our relations to Africa, Latin America and Asia, and above all with India," he added.
King Mohammed VI of Morocco was among the heads of state present at the third India-Africa Forum Summit here last year. Trade between the two countries stood at $1.36 billion, with Indian exports to Morocco amounting to $500.5 million and imports valued at $855.8 million.
The interaction also touched on the new congruity in strategic interests in combating terrorism worldwide.
Noting that Morocco was one of the founding members of the Organisation of Islamic Cooperation (OIC), Kerdoudi said that at a time when Islam was under attack from the West, it was possible to speak frankly.
"The OIC must explain what is Islam... That it is tolerant and does not support terrorists. It has good values and is against people like 'Daesh' (Islamic State) who give a bad image to Islam."
--IANS
bc/mr
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
