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Rabat — The Morocco-Turkyie Business and Investment Forum, held Friday in Istanbul, produced positive outcomes and drew strong Moroccan participation, according to Omar Hajira, Morocco’s Secretary of State for Foreign Trade.
Hajira indicated that the event provided a launchpad to support joint investments and strengthen economic cooperation between the two countries.
The forum saw the participation of major Moroccan investment institutions, Morocco’s General Confederation of Moroccan Enterprises (CGEM), and the Moroccan Confederation of Exporters, along with several Moroccan business leaders.
Turkish economic players also turned out in large numbers, holding bilateral business meetings on the sidelines that proved fruitful and generated promising results that officials will announce later, particularly in priority sectors for Morocco-Turkyie cooperation, including textiles, mechanical industries, and shared value chains.
Several Moroccan investors based in Turkyie expressed interest in relocating part of their projects and businesses to Morocco, marking an additional gain from the forum, Hajira noted.
The official stressed that the forum’s central goal is to reduce imports from Turkyie by encouraging local manufacturing inside Morocco, especially in the textile sector.
This approach aims to create added value, generate new jobs, and boost export capacity to European and African markets.
On the sidelines of the forum, Hajira held an extended meeting with Turkish Trade Minister Omer Bolat and Deputy Minister Mustafa Tuzcu.
The two sides focused discussions on evaluating previous meetings and examining government measures to support trade balance and encourage Moroccan exports to the Turkish market.
Officials agreed that the Turkish trade minister will make an official visit to Rabat in January, where the two sides will announce a package of government measures to enhance economic cooperation and increase balanced trade.
The parties also agreed to form a joint working group to follow up on the forum’s outcomes and maintain momentum. Next week will see the announcement of a new Morocco-Turkyie Chamber of Commerce to support bilateral investments and facilitate communication between business operators in both countries.
Hajira concluded by noting that Turkish investors now recognize Morocco’s economic momentum under King Mohammed VI’s leadership, driven by major ongoing projects and preparations for upcoming sporting events. The Morocco-Turkyie economic partnership is moving toward a new phase marked by greater efficiency and balance, he said.
