2024-08-02 20:52:26
In an article published online under the title “Morocco and the United Arab Emirates concretize a Strategic Alliance”, the French publication notes that the royal visit was distinguished by “warm exchanges” between His Majesty the King and Sheikh Mohammed bin Zayed Al Nahyane, reflecting “a strong personal relationship and shared strategic aspirations”.
The Sovereign, the publication indicates, accompanied by a large delegation, demonstrated “Morocco’s commitment to this bilateral relationship by signing no less than twelve specific memoranda of understanding” which cover a wide range of sectors, testifying to “the common ambition to strengthen economic, industrial and social collaboration”.
The development projects envisaged reflect a “mutual desire to progress towards sustainable and responsible growth,” notes ABC Bourse, stressing that the framework of this collaboration is defined by detailed financing and monitoring mechanisms, providing for a combination of private and public capital, concessional loans, and innovative financial mechanisms.
The publication added that the history of relations between Morocco and the United Arab Emirates is “marked with significant moments of cooperation that have strengthened ties between the two nations.”
“Since the establishment of their diplomatic relations, the two countries have shared a path of mutual solidarity and strategic support,” the French publication maintains, recalling that in the years following the formation of the United Arab Emirates and the independence of Morocco, diplomatic ties were quickly forged and were often marked by mutual support during decisive moments in their respective histories.
The following decades saw the United Arab Emirates become a “key” economic partner for Morocco, with significant investments in diversified sectors such as real estate, tourism and agriculture, the economic news site said, adding that this investment dynamic was supported by bilateral agreements, regular official visits and constant political dialogue.
On the international level, the publication notes, the two countries have often coordinated their positions and supported each other in multilateral forums, reflecting a “shared vision of regional and global issues.”
He added that this historical wealth of cooperation serves as a backdrop to the current strategic partnership framework, which “aspires to transcend the successes of the past to forge an even more prosperous common future.”
The royal visit and the signing of twelve specific memoranda of understanding are not only the continuation of a long tradition of bilateral collaboration, but also a step forward towards a deeper and strategically aligned cooperation with contemporary and future challenges, adds “ABC Bourse”.
2024-08-02 20:52:26