RABAT, Morocco — An Israeli minister arrived in Morocco on Sunday for a go to geared toward growing financial and commerce ties, within the newest signal of increasing cooperation after the nations normalized relations in 2020.
Financial system Minister Orna Barbivai is because of signal “a historic cooperation settlement” aiming to determine “the financial foundations of commerce relations between Morocco and Israel,” her ministry mentioned in a press release.
She is scheduled to go to Rabat, financial capital Casablanca and vacationer hub Marrakesh, to tour Israeli textile and agricultural corporations and to fulfill ministers and enterprise representatives on the four-day journey.
“Morocco has nice significance for Israel diplomatically, economically and culturally,” she mentioned earlier than the go to, on which she is accompanied by her Moroccan-born husband.
Bilateral commerce between Israel and Morocco amounted to about $130 million final 12 months.
The journey comes lower than three months after Israeli Protection Minister Benny Gantz made an unprecedented go to in November, signing a safety pact that angered Morocco’s neighbor and rival Algeria, and the Palestinians.
After his go to, Israeli and Moroccan media reported Rabat’s buy of Israeli protection know-how.
Israel and Morocco had initially established relations within the Nineties, however Rabat broke them off at the beginning of the second Palestinian intifada (rebellion) in 2000.
Cooperation has expanded swiftly since ties had been re-established as a part of the US-brokered Abraham Accords in late 2020.
Nationwide provider Royal Air Maroc is anticipated to begin direct flights between Casablanca and Tel Aviv on March 13.
Morocco reopened its borders earlier this month after shutting them in November because of the coronavirus, and is hoping for a big inflow of Israeli vacationers.