The renowned Brazilian business daily "Valor" published on Monday an in-depth article spotlighting the "Royal Initiative for the Atlantic," which it asserts "has the potential to enhance the logistics of Brazilian exports to Africa and Europe."
The newspaper’s Geneva-based correspondent Assis Moreira highlights that "logistical integration and strengthening value chains are central to enshrining the strategic partnership" between Morocco and Brazil.
In today’s globalized world, he explains, "logistical efficiency and the integration of supply chains are key determinants of economic competitiveness, "noting that "Morocco and Brazil have the opportunity to optimize their infrastructure and expand trade flows between South America and Africa," thanks to Morocco’s port systems and strategic investments.
Under the headline "Morocco: Southern Europe Is Just Around the Corner", Assis Moreira emphasizes that this "new chapter in cooperation between Brazil and Morocco opens significant business opportunities for Brazilian companies in both Africa and Europe." He further underlines that Morocco, enriched by its blend of African, Andalusian, Hebrew, and Mediterranean influences, is seen as a beacon of diversity and stability in the region.
Drawing attention to Morocco’s expansive coastline and proximity to major global maritime routes, the newspaper notes that the Kingdom, now a key player in international trade networks, has "capitalized on this geographic advantage through substantial investments in infrastructure projects, including the Tanger Med port and the continent’s only high-speed rail system."
Discussing Morocco’s efforts to expand its trade partnerships, the Brazilian newspaper highlights that the Kingdom has established agreements with the United States and the European Union while maintaining strong and growing ties with China.
Positioning itself as "the EU’s primary trade partner among the ‘Southern Neighborhood’ countries," Morocco continues to attract Chinese investment, reinforcing its strategic importance on the global stage.
Within this context, the article points out that "Morocco has launched an ambitious Atlantic Initiative, which includes plans to establish a robust transport and trade network connecting its Atlantic coast with 10 Sahel countries, including Senegal, Mali, Niger, Chad, Burkina Faso, and Mauritania. Additionally, a $25 billion gas pipeline project with Nigeria aims to link energy infrastructures across 14 African nations bordering the Atlantic."
"With this focus on Atlantic integration," the article notes, “Brazil’s importance to Morocco is set to grow even further. Boasting over 3,000 kilometers of Atlantic coastline, Morocco has the longest shoreline in Africa, sharing this geographical asset with Brazil, which has a coastline spanning more than 8,000 kilometers.”