2024-04-23 00:10:48
The announcement of the creation of this task force, which aims to bring together the two business communities and facilitate investment and bilateral trade procedures, was made on the sidelines of the 3rd edition of the Morocco-Mauritania Economic Forum placed under the theme “Towards an innovative, sustainable economic and commercial partnership with a strong impact for the entire African continent”.
This task force will work according to a clear and pragmatic action plan to enable the realization of projects of common interest identified during these three editions of the Forum, through support on the ground for Moroccan and Mauritanian companies for the deployment of their investments.
It comes following the establishment of a determined roadmap to quickly execute the investment projects presented by companies from the two countries and to monitor and evaluate them.
On this occasion, the Moroccan ambassador in Nouakchott, Hamid Chabar, stressed that it is up to government institutions and the Moroccan and Mauritanian private sector to realize a united and effective strategic partnership, fully exploiting the potential available to both. country.
He further declared that these “numerous opportunities can be seized and materialized through joint work based on positive complementarity and the win-win principle, with the aim of meeting all the challenges facing our regional and continental space. ”.
Mr. Chabar also recalled the unprecedented dynamic of trade between Morocco and Mauritania, recording a volume of 300 million dollars, an increase of 58% compared to 2020, noting that Morocco is the leading supplier of the Mauritanian in Africa and that Mauritanian imports from the Kingdom represent nearly 50% of all its imports from the African continent.
This dynamic, continues the ambassador, is expected to be reinforced by promising investment opportunities for Moroccan investors, particularly in agriculture, livestock, fishing, mining and energy, tourism, services. , as well as public works and infrastructure.
The first day of the Forum ended with the presentation of the Moroccan-Mauritanian Business Council, and the business climate of the two countries by their respective investment promotion agencies.
This business forum was marked by the participation of the Ambassador of Mauritania in Rabat, Ahmed Ould Bahiya, the Minister of Economy and Sustainable Development of Mauritania, Abdessalam Ould Mohammed Salah, and more than 300 business leaders. Moroccan and Mauritanian companies operating in different sectors.
2024-04-23 00:10:48