HomeEconomyMorocco and the Emirates hold the 1st ministerial session of the CEM

Morocco and the Emirates hold the 1st ministerial session of the CEM

The Minister of Economy and Finance, Nadia Fettah and her counterpart from the United Arab Emirates, Abdullah bin Touq Al Marri, co-chaired, on Thursday in Rabat, the first ministerial session of the Joint Moroccan-Emirati Economic Commission.

Speaking on this occasion, Nadia Fettah welcomed the level of distinguished relations between the two brotherly countries and peoples, welcoming, in this context, the pioneering contribution of the United Arab Emirates government and the Abu Dhabi Fund for Development in support of structuring development projects in several vital sectors of the Kingdom.

The minister also reviewed the main economic reforms undertaken by the government in order to improve the business climate in the Kingdom, which has helped to consolidate its position as a preferred destination for investors and to strengthen its attractiveness and influence. economy at regional and international levels.

She also expressed Morocco’s permanent will to develop mechanisms for joint action with the United Arab Emirates and to establish fruitful economic cooperation in various areas of common interest, calling on Emirati investors to take advantage of promising investment opportunities that abound in the Kingdom, and to seal partnerships with the Moroccan private sector in priority areas.

For his part, Abdullah bin Touq Al Marri welcomed the solidity of the relations of brotherhood and cooperation that bind the United Arab Emirates and the Kingdom of Morocco, expressing his country’s interest in developing bilateral relations and prospects for economic cooperation.

He also underlined that the holding of the first session of the Joint Moroccan-Emirati Economic Commission constitutes a new starting point to strengthen economic and trade partnerships between the two countries, develop cooperation mechanisms and put in place a new plan of development. partnership in more sectors and trade and investment activities.

The Emirati minister also affirmed that this meeting of officials, investors and representatives of the business world of the two countries reflects the success of joint efforts and paves the way for exploring new avenues of economic cooperation between Morocco and the United Arab Emirates.

This meeting, marked by the participation of senior officials from the two ministries and certain public institutions and the private sector of the two countries, was preceded by a bilateral meeting between the two ministers which was crowned by the signing of a memorandum of agreement on economic and technical cooperation between the two parties.

The objective is to establish a cooperation framework contributing to develop, strengthen and diversify the areas of economic and technical cooperation between the two countries through the establishment of the Joint Moroccan-Emirati Economic Commission.



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