Moroccan-Brazilian Bilateral Cooperation: Achievements and Prospects
Nowadays south-south cooperation has become increasingly important as a framework that shape international cooperation. The search for beneficial economic relations has encouraged many developing and emerging countries to embark into a preferential set of relations through their economic actors. The...
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Format: | Article |
Language: | English |
Published: |
2015
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Online Access: | https://dialnet.unirioja.es/servlet/oaiart?codigo=5289799 |
Source: | Paix et sécurité internationales: Journal of International Law and International Relations, ISSN 2341-0868, Nº. 3, 2015, pags. 61-81 |
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Summary: |
Nowadays south-south cooperation has become increasingly important as a
framework that shape international cooperation. The search for beneficial economic relations has
encouraged many developing and emerging countries to embark into a preferential set of relations
through their economic actors. The aim is to boost trade and enhance investment through joint
ventures operations in key economic activities deemed crucial to accelerate growth and create new
jobs opportunities.
Moroccan-Brazilian relations represent to some extent an example of this type of cooperation. Both
countries enjoy high growth potential and hold prominent positions within their respective regions.
In spite of increased trade between Morocco and Brazil, their relations have not reached yet its
potential. Brazil’s tremendous natural resources and the size of its market make it a potential trading
and investment partner for Morocco. Whether in primary production (agriculture, energy), or in
industrial production, Brazil holds significant competitive advantages. Therefore, Brazil could
serve as a source of imports at competitive prices, while offering Morocco a platform to enhance
its exports. Brazil’s regional position could serve Morocco as a gate to the wide market of Latin
America, particularly the Mercosur member countries |
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