RABAT, May 27 (Xinhua) -- Morocco and Chile held on Monday the first meeting of the Trade and Investment Joint Committee in Rabat to discuss means to achieve close commercial cooperation.
Co-chaired by Morocco's Secretary of State for Foreign Trade Rakiya Eddarhem and Chile's Director General of International Economic Relations Rodrigo Yanez, the meeting is part of the implementation of a memorandum of understanding signed between the two countries in October 2018 in Morocco's capital Rabat.
Eddarhem said the meeting provided an occasion for Morocco and Chile to review their economic and trade ties, identify business opportunities and benefit from the potential and assets of the two countries.
The bilateral trade, which only stood at 43.52 million U.S. dollars in 2018, is still below the potential of the two countries, she noted.
For his part, Yanez said Chile also aims to strengthen relations with Morocco.
The agreements and recommendations of the meeting will give fresh impetus to relations between the two countries, he added.
