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Elalamy: The Covid-19 pandemic revealed the resilience of the Moroccan economy

March 30, 2021 - 01:08
in Economy
Elalamy: The Covid-19 pandemic revealed the resilience of the Moroccan economy
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The Minister of Industry, Trade and the Green and Digital Economy, Moulay Hafid Elalamy (MHE), affirmed, on the occasion of the opening of Moroccan Economic Week in Ireland, that the Covid pandemic- 19 revealed the resilience of the Moroccan economy and its capacity for innovation and unfailing responsiveness.

“We were all taken aback by the Covid-19 pandemic, during which the Moroccan economy demonstrated its capacity for industrial response in terms of innovation and responsiveness,” MHE highlighted, noting that ” during this period, Morocco produced masks, respirators, PCR sampling kits and a 100% Moroccan PCR test ”, and supplied several European countries which lacked masks, visors and protective equipment.

The minister also indicated that the pandemic has however accelerated “a mental evolution”, so much so that, like other countries, “we have achieved during this year in the digital field about five years development ”, which allows us to see the future differently.

In this sense, he explained that “first of all, we realize that we are capable of producing what we need, and of relocating a certain number of strategic activities in the medical and paramedical field”.

Today, he said, “our partners are accelerating investments in Morocco which, long before the pandemic, was a production and export platform”, thanks to its proven stability. , its geostrategic position in the hub of world trade, its proximity to Europe, and the competitiveness of its production costs.

For his part, the Irish Minister of State responsible for the promotion of trade, digital technology and trade regulation, Robert Troy, welcomed the relevance of this virtual meeting, expressing the hope of visiting Morocco as soon as conditions allow it.

In this sense, he announced the opening, during the second half of the current year, of the Irish embassy in Rabat and the appointment of an ambassador to Morocco, thus testifying to “the growing importance of Morocco. as a commercial partner, and as a gateway to West Africa and Francophone Africa in particular ”.

According to him, “the opening of an embassy later this year will mark a new stage in our relations”, and will make it possible to reinforce the presence of Ireland in Africa and to contribute to the promotion of bilateral trade and investments.

This Virtual Economic Week is organized by the Embassy of Morocco in Ireland, in collaboration with “Enterprise Ireland”, the Irish Department of Trade, Business and Employment, and the Arab-Irish Chamber of Commerce.

It is intended to present the key sectors of the Moroccan economy to Irish investors, and comes in a series of informative webinar sessions, during which Irish business leaders will be able to attend panels of their choice for future cooperation with their counterparts in Morocco.

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