The decoration is in recognition of her commitment to reinforcing Moroccan-Spanish economic relations.
Rabat – King Felipe VI of Spain has decorated Moroccan Nezha Hayat, president of the Moroccan Authority of Capital Market (AMMC).
Spanish ambassador to Morocco Ricardo Diez Hochleitner presented the decoration to Hayat on Tuesday, July 16 in Rabat.
The Spanish King decorated the Moroccan expert for her “commitment and her work for strengthening Moroccan-Spanish economic relations.”
“During her professional career, Mrs. Hayat showed not only a careful attitude toward Spain but also a very positive attitude towards Spanish companies that approached her for advice, support, and follow-up,” Diez Hochleitner quoted as saying by Maghreb Arab press (MAP).
The Spanish diplomat added that Hayat is “very committed to the respect of transparency in business.” Diez Hochleitner added that Hayat is also “loyal and devoted to her work and to her country.”
Morocco and Spain maintain strong diplomatic relations, further ingrained by the recent royal visit of the Spanish King, and Queen Letizia in February.
In addition to diplomatic ties, Morocco and Spain share strong economic cooperation.
In January, Maghreb Arab Press (MAP) shared statistics from the European Statistics Office, showing that Spain remains Morocco’s top trade partner.
The statistics showed that Moroccan exports to Spain increased by 5.4% during the first 11 months of 2018 compared to the same period in 2017.
According to the statistics, Moroccan imports of Spanish goods registered an increase of 2.6% annually. Imports from the whole of the EU increased by 4% during the same period.
Spain is the biggest importer of Moroccan goods, and takes in 41.6% of all goods Morocco exports to the EU. France receives 28.6%, Italy 6.3%, the UK 4.8%, and Germany 4.4%.