In a move aimed at bolstering economic collaboration, Obed Bapela, a prominent figure in the African National Congress (ANC) and deputy chairperson of the party's International Relations Committee, has called for stronger trade relations between South Africa and Morocco.
This statement follows a significant meeting held in Rabat on Monday, where Bapela and his delegation engaged with Moroccan Minister of Foreign Affairs, African Cooperation and Moroccan Expatriates, Nasser Bourita.
During the discussions, Bapela, who is also a member of the ANC National Executive Committee, extended an invitation to Moroccan companies to explore investment opportunities in South Africa. His remarks underscore the growing economic relationship between the two nations, which has seen many South African firms successfully operating within Morocco's market.
According to recent trade statistics, Morocco recorded a significant trade surplus with South Africa in 2022, exporting animal products valued at $73.8 million, alongside chemical and textile products. Conversely, South Africa previously had a notable export record to Morocco, including mineral products worth $373 million in 2017. This exchange highlights the potential for further economic growth and partnership between these two African giants.
Moreover, Bapela welcomed Morocco’s reintegration into the African Union (AU), recognising it as a critical platform for collaboration. He emphasized that both nations can harness this multilateral forum to jointly address pressing challenges facing the African continent.
Reminiscing on historical ties, Bapela recalled Morocco's pivotal role in supporting South Africa during its struggle for independence. He noted that King Mohammed VI's kingdom was among the first to be visited by former South African President Nelson Mandela following the country's liberation. This historical gesture reflects the deep-rooted camaraderie that can serve as a foundation for more robust relations moving forward.
Monday’s meeting is a crucial moment for enhancing bilateral trade relations between these two leading economies in Africa. Bapela's statements and ongoing discussions signal a commitment to fostering economic cooperation that could yield beneficial results for both nations.
The Star