Rabat – The fourth annual US-Morocco Trade Forum wrapped up yesterday in Washington D.C.
Moroccan and American business people from the finance and investment industry in both the public and private sectors participated in the event, sharing their experiences to find ways to boost business opportunities in both countries.
“Our aim is to interface Europe Africa and America,” said the Secretary of State in charge of investments, Investment, Commerce and Digital Economy, Othman El Ferdaous, who took the stage to talk about how North Africa is relevant to the trade market, presenting impressive statistics regarding Morocco’s ability to maintain quality standards of production.
The minister also discussed about Morocco’s industrial policy and the stability of the Moroccan economy, explaining the kingdom’s integration in the European market. El Ferdaous went on to issue a call for increased public and private sector exploration and trade investment in Morocco.
The event was chaired by the Moroccan Ambassador in the United States, Lalla Joumala and the US-Africa Business Center President of the US Chamber of Commerce, Scott Eisner.
On the sidelines of the forum, three memoranda of understanding (MoU) in the areas of energy efficiency, trade promotion, and financing of innovative project were signed between Moroccan and US partners.
Organized by Morocco’s embassy in the U.S. and the U.S. Africa Business Center (USAF BC), the forum strives to identify business opportunities and potential US investments in Morocco in sectors such as energy, industry, and finance. Previous successful forums were held in Dallas, Atlanta, and Seattle.