Spain plans investments of around 45 billion euros by 2050 in Morocco (Pedro Sanchez)

by times news cr

Spain is a key partner for Morocco with planned investments of 45 billion euros by 2050,” said Mr. Sanchez during a press conference at the end of his working visit to the Kingdom. , welcoming the “positive development” of trade between the two countries.

Mr. Sanchez noted that the bilateral economic partnership is expected to be further strengthened, particularly in the context of the joint organization by the two countries, with Portugal, of the 2030 Football World Cup.

He also welcomed the “great effort” made by Morocco in favor of the modernization of its economy, highlighting the commitment of Spanish companies in this development dynamic, particularly in the areas of transport, renewable energies and of water resources management.

The President of the Spanish Government made a working visit to Morocco this Wednesday, marked by the audience granted to him by His Majesty King Mohammed VI, may God help him.

This visit is part of the continuity of the new phase of bilateral relations, which began since the meeting between His Majesty the King, may God glorify Him, and the President of the Spanish Government, in April 2022, and the adoption, on this occasion , of the Joint Declaration between the two countries.

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