Jitin Prasada’s Morocco Visit to Give Fresh Push to Trade and Investment Ties

Jitin Prasada’s Morocco Visit to Give Fresh Push to Trade and Investment Ties

New Delhi, Aug 25: Minister of State for Commerce and Industry Jitin Prasada’s two-day visit to Morocco is expected to strengthen India-Morocco economic relations and open new opportunities for trade, investment and business cooperation.

Prasada has reached Morocco to co-chair the 7th Session of the India-Morocco Joint Commission with Omar Hejira, Secretary of State to Morocco’s Minister of Industry and Trade.

The Joint Commission meeting will provide both countries an opportunity to review ongoing economic and commercial cooperation and identify new areas for mutually beneficial engagement.

According to the Commerce and Industry Ministry, discussions will cover several key sectors, including trade and market access, fertiliser production and supply, investment, industrial cooperation, agriculture, food safety, pharmaceuticals, healthcare, digital transformation, transport, logistics, education and skill development.

A major focus of the talks will be on diversifying bilateral trade and expanding market access, with both sides expected to explore measures that can create greater opportunities for businesses and investors.

India and Morocco are also expected to sign a Memorandum of Understanding on food safety cooperation. The proposed agreement will promote the exchange of information on the safety and quality of imported food products and encourage cooperation between food-testing laboratories.

The MoU will also support the sharing of technical expertise, analytical methods and information in areas of mutual interest, helping strengthen cooperation on food safety standards.

Prasada’s visit is expected to provide fresh momentum to India-Morocco commercial engagement by strengthening institutional cooperation and creating opportunities for greater business-to-business interaction.

The Joint Commission is likely to play an important role in identifying new avenues for trade, investment and industrial partnerships, further strengthening the economic relationship between the two countries.