The European Union (EU) ambassador to Morocco, Dimiter Tzantchev has praised the remarkable success of economic relations between the kingdom and the bloc.
Speaking at a meeting with the General Confederation of Moroccan Enterprises (CGEM) in Casablanca on Monday, the European diplomat noted that these relations have enabled bilateral trade to increase fivefold in 25 years, generating prosperity and jobs on both sides of the Mediterranean.
He stated that the EU remains Morocco’s leading supplier, customer, and foreign investor, and commended the kingdom for the extent of its economic and institutional development. Addressing the meeting, the President of the CGEM, Chakib Alj, emphasised the particular importance that the Moroccan private sector attaches to Morocco-EU relations, which, he noted, are experiencing sustained growth in trade, with increased flows and a significant upgrading of Moroccan production.
“The European Union remains the Kingdom’s main partner,representing 56 percent of Moroccan trade in goods and absorbing 65 percent of exports, with the total value of trade increasing by nearly 40 percent in recent years,” he said.
The head of the Moroccan employers’ association highlighted the significance of the new agreement concluded in October 2025 between Morocco and the EU, which he described as a key milestone in the bilateral relationship.
He cited, within this framework, the various areas of cooperation with strong potential, including green hydrogen and renewable energies, integrated industrial value chains, research and development, innovation and training, as well as sustainable agriculture.
Mr. Alj noted that this agenda constitutes a robust, though still improvable, foundation for deepening the privileged relationship between the two shores of the Mediterranean.
The President of the CGEM (General Confederation of Moroccan Enterprises) affirmed that the current dynamic between Morocco and the EU creates the conditions for a renewed, balanced, and promising partnership, based in particular on the October 2025 agreement, the recent vote on the delegated act, the implementation of the New Mediterranean Pact, and support for the UN Security Council resolution on the Moroccan Sahara.
He reiterated the mobilisation of the Moroccan private sector to support this momentum and the CGEM’s commitment to working towards the sustainable anchoring of this partnership in shared prosperity, economic stability, and innovation.
This meeting, held on the sidelines of the CGEM Board of Directors meeting, provided a valuable opportunity to present the strategic challenges and prospects for the evolution of the Morocco-EU
partnership, to discuss opportunities for economic, trade, and investment cooperation, and to identify common priorities for strengthening collaboration between the Confederation and European institutions.
AK/fss/as/APA