Morocco Bridges India with Francophone Africa, Times of India says - News Summed Up

Morocco Bridges India with Francophone Africa, Times of India says


On the occasion of the 60th anniversary of diplomatic ties between Morocco and India, the Times of India published an Op-ed making the case for strengthening relations with the North African Kingdom as a means to outreach diplomatically and economically to francophone Africa. “With Morocco back in the African institutional family, India has a new strong partner to further its interests in Africa,” Ghosh said. In 2014, trade between the two countries stood at $1.36 billion, with India’s exports to Morocco amounting to $500.5 million, while imports were valued at $855.8 million. The balance of trade is generally in favor of Morocco because of India’s imports of phosphates. India sources a large chunk of its rock phosphates and phosphoric acid requirements for its fertiliser industry from Morocco, the world’s biggest phosphate exporter.


Source: The North Africa Journal April 02, 2017 16:30 UTC



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