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    Home»Financial News»Morocco Conducts High-Level Economic Mission in Chile to Expand Trade Ties
    Financial News

    Morocco Conducts High-Level Economic Mission in Chile to Expand Trade Ties

    By January 24, 20262 Mins Read
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    Morocco has launched a high-level economic mission to Chile aimed at strengthening bilateral economic and trade relations and opening new avenues for cooperation with Latin America.

    Led by Omar Hejira, Secretary of State for Foreign Trade, the mission is taking place as part of the Morocco-Chile Economic Forum, which seeks to deepen commercial ties and lay the groundwork for a structured, long-term strategic partnership.

    The initiative aligns with Morocco’s 2025-2027 Foreign Trade Program and its broader strategy of diversifying international partnerships and advancing South-South cooperation.

    The visit reflects Rabat’s focus on economic integration, mutual cooperation, and the expansion of trade flows, building on complementarities between the two economies and fostering sustainable partnerships with Latin American countries.

    During the mission, Moroccan officials held talks with Álvaro García Hurtado, Chile’s Minister of Economy, Tourism, and Energy, alongside Kenza El Ghali, Morocco’s ambassador to Chile. Discussions focused on the current state of bilateral economic relations, future cooperation prospects, and the identification of priority sectors with high growth potential.

    Talks also explored opportunities to strengthen cooperation in areas linked to Morocco’s hosting of the 2030 FIFA World Cup, the development of structured industrial partnerships, the launch of joint projects, and the central role of the private sector as a driver of economic cooperation.

    The Moroccan delegation also met with Claudia Sanhueza, Chile’s Vice Minister for International Economic Relations, to follow up on the joint declaration signed on December 18, 2024.

    Both sides agreed to convene the second session of the Morocco-Chile Joint Economic and Trade Commission in Morocco in 2026, with the aim of developing a shared roadmap based on complementarity and the strategic positioning of both countries as gateways to Africa and Latin America.

    Moroccan officials stressed the country’s extensive trade network, noting that Morocco has more than 12 free trade agreements providing access to markets across over 100 countries, representing nearly three billion consumers. This positioning reinforces Morocco’s role as a strategic hub connecting African markets with the global economy.

    The visit also included meetings with key Chilean economic and institutional stakeholders, including Frutas de Chile and ProChile, to explore sector-specific partnerships, promote investment opportunities, and develop high-impact joint projects.

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