Chile and Morocco Sign Terms for Free Trade Agreement Negotiation

On September 21, 2026, during a bilateral meeting at the 81st United Nations General Assembly in New York, Chile and Morocco took a monumental step forward by signing the Terms of Reference (TdR) to initiate negotiations for a Free Trade Agreement (FTA). This agreement is seen as a vital opportunity for Chile, marking its entry into the African market, which is expected to enhance job creation, boost foreign trade, and increase exports. Chile's Minister of Foreign Affairs, Francisco Pérez Mackenna, expressed enthusiasm about this development, stating, "We have just signed with Morocco the terms of reference. In simple terms, this marks the commencement of negotiations for a Free Trade Agreement with Morocco. This is crucial for us as it opens the door to Africa, leading to more jobs for Chileans and increased foreign trade. We are very pleased to have taken this significant step today."

Strengthening Diplomatic Ties and Future Cooperation

The signing ceremony was attended by the Chilean Foreign Minister and his Moroccan counterpart, Nasser Bourita. During their discussions, they reviewed essential aspects of their collaborative agenda, highlighting the 65 years of diplomatic relations celebrated in 2026, which have been characterized by mutual respect and friendship. Furthermore, the ministers addressed global issues, expressing hope that current tensions and conflicts that jeopardize international stability and the well-being of nations would soon be resolved. This would allow countries to focus on growth, development, and prosperity in a peaceful and secure environment. Chile reaffirmed its support for Morocco's sovereignty over its entire territory, including Western Sahara, endorsing the autonomy proposal presented by Morocco in 2007 as a fair and lasting political solution, in line with relevant United Nations Security Council resolutions.

In conclusion, Chile emphasized its commitment to bilateral support, promising to promote economic and commercial cooperation opportunities within the Moroccan Sahara region, aimed at strengthening investment, trade, and productive development ties. This agreement not only symbolizes a strengthening of bilateral relations but also paves the way for future collaborations that could significantly benefit both nations.

As reported by emol.com.