2023-04-27 21:05:33
In the wake of the holding of the first ministerial session of the Joint Moroccan-Emirati Economic Commission, the Kingdom and the United Arab Emirates are rushing into all-out diversification. Admittedly, cooperation is in good shape, exchanges are developing, but the two countries would like to go further in the direction of strengthening the bilateral relationship. This would be likely to exceed the 1 billion dollars that the exchanges currently weigh. However, investment in the agricultural sector is promising in this direction. And the talks held on Thursday between the Minister of Agriculture, Mohammed Sadiki, and the Emirati Minister of Economy, Abdullah Bin Touq Al Marri, militate in favor of shared optimism. Indeed, ways to strengthen bilateral cooperation in agricultural investment were at the center of these talks.
In a statement to the press following this meeting, Sadiki, while welcoming the solid relations of brotherhood that bind Morocco and the United Arab Emirates, stressed the importance of developing investment in the agricultural sector and the transfer of technologies between the two countries, with a view in particular to increasing the production of agricultural sectors.
The minister, at the same time, stressed the need to strengthen the synergy between the private sector of the two countries for more effective bilateral cooperation that reflects the level of distinguished relations uniting the Emirates and the Kingdom.
For his part, ABT Al Marri stressed that this meeting offers an opportunity to encourage investment, explore avenues and future investment opportunities in agriculture, agricultural technologies and food sovereignty. A hotly topical subject that fits well with the priorities of both countries.
New common furrows can be dug between the two countries on this front and they will only be fruitful.
It should be noted that the United Arab Emirates is the first Arab investor in Morocco and the second in the world, with a total investment value of nearly 14 billion dollars at the end of 2021 (i.e. 21% of foreign direct investment in Morocco).
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