The two Monarchs are also both resolved to have their countries contribute to peace, stability and prosperity in the Mediterranean basin and beyond. This shared strategic vision was translated again on Tuesday with the signing of eleven agreements on the multidimensional strategic partnership binding the two countries. As a symbol of this enduring partnership, political and economic relations are constantly growing, making of Spain Morocco’s leading supplier and customer for five years in a row. Besides, given the geographical proximity between the two kingdoms, more than 1,000 Spanish companies are operating in Morocco and nearly one million Moroccans are settled in Spain. The dynamic economic cooperation between Spain and Morocco has thus enabled the two neighboring countries to become important trading and financial partners who seek to set up an innovative North-South partnership.

Source: The North Africa Journal February 14, 2019 00:45 UTC