Ms. Benyaich underlines in Barcelona the structural nature of business relations between Morocco and Spain

by times news cr

2024-05-17 18:42:20

Talking at a high-level enterprise assembly, organized underneath the theme ”Investing in Morocco, a aggressive guess to discover new markets”, Ms. Benyaich indicated that ”Spain stays our predominant business associate since greater than a decade, with commerce in 2023 approaching 22 billion euros, which displays the power and structural nature of our business relations.

Morocco is consolidating itself as Spain’s third business associate outdoors the European Union, after america and the UK, indicated on this regard the ambassador, recalling that greater than 20,000 Spanish firms keep common business relations with the Kingdom and round 1,000 of them have determined to arrange in Morocco, 25% of that are Catalan.

Spanish investments in Morocco exceed a 3rd of Spanish direct funding in Africa, which locations the Kingdom as a vacation spot of alternative for Iberian businessmen, whereas investments by Moroccan firms in Spain proceed to extend these current years, noticed the diplomat, emphasizing the significance of the connectivity community developed between the 2 international locations.

”Our connectivity has additionally been enriched with greater than 230 flights and 538 maritime connections weekly, which displays the rising circulate of individuals and items between our international locations,” she detailed.

All these figures affirm the significance and complementarity between the economies of Morocco and Spain and set up “the multidimensional strategic partnership” of bilateral commerce relations, that are of “rising significance” for the 2 international locations, famous Ms. Benyaich.

Throughout this financial discussion board, organized by the Confederation for the Promotion of Nationwide Employment, the primary Catalan employers’ group, and the Morocco-Spain Financial Council (CEMAES), shows had been introduced by the director normal of the Moroccan Improvement Company of Investments and Exports (AMDIE), Ali Seddiki, the president of the Normal Confederation of Moroccan Enterprises (CGEM), Chakib Alj, the final director of TMSA, Mehdi Tazi, the chief director of Casablanca Finance Metropolis Authority, Mentioned Ibrahimi, of the co-presidents of the Morocco-Spain Financial Council, Adil Rais and Clemente Gonzales Soler, emphasizing the strengths of Morocco as a pretty platform for overseas investments, significantly Catalan.

They centered on funding help devices in Morocco and reviewed the a number of alternatives provided by the Kingdom, as an financial and monetary hub for a Europe – Africa – Center East Triangulation.

Bringing collectively greater than 200 firms, this enterprise assembly, which noticed the participation of the Spanish Secretary of State for Business, Ms. Rebeca Mariola Torró Soler, was a possibility for Catalan firms established in Morocco to current their profitable expertise within the Kingdom and spotlight the favorable enterprise local weather and the amenities supplied by the Moroccan administrations.

A big delegation, led by the Minister Delegate to the Head of Authorities in control of Funding, Convergence and Analysis of Public Insurance policies, Mohcine Jazouli, is actively collaborating on this high-level enterprise assembly, meant to advertise the belongings of the Kingdom and discover funding alternatives for Spanish firms in Morocco.

2024-05-17 18:42:20

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