Moroccan fertilizer producer OCP stated that it plans to sell India 1.7 million tons of phosphate-based fertilizers this year. The country has the world's largest phosphates reserves.

Moroccan phosphates and fertilizers producer OCP said that it plans to supply India with 1.7 million tons of phosphate-based fertilizers in 2023. The supply agreements were signed during a visit by Indian health, chemicals and fertilizers minister Mansukh Mandaviya to Rabat, Reuters reported.

Under the deals, Morocco's OCP will supply India with 700,000 tons of a nitrogen-free fertilizer known as triple super phosphate (TSP), in addition to 1 million tons of diammonium phosphate (DAP).

Morocco, which has the world's largest phosphates reserves, reported a 54.8% rise in exports of the mineral and its derivatives - including fertilizers - to 108 billion dirhams ($10.6 billion) in the first 11 months of 2022.