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Rabat – France’s Minister Delegate for Foreign Trade and Attractiveness, Nicolas Forissier, said on Wednesday that the economic partnership between Morocco and France has become a model for the rest of Africa, noting record trade, growing investments, and shared ambitions in strategic sectors.
Speaking at the French-Moroccan Economic Day in Paris, the French minister described the relationship as an “exceptional economic partnership” built on a shared vision that international trade can drive growth and create opportunities for both countries.
“This economic relationship is a model for the rest of Africa because France and Morocco share the same values and vision,” he told around 300 business leaders, investors, and public officials attending the event.
Forissier said trade between Morocco and France reached a record level in 2025, exceeding €15 billion (MAD 150 billion), more than doubling in less than a decade. He stated that France wants to continue strengthening ties with Morocco under a “win-win” approach that benefits both economies.
The minister noted that Morocco is continuing its industrialization, modernization, and economic diversification, while France remains open to Moroccan products. He also recalled the growing presence of French companies in the country, pointing to Safran’s €600 million investment in a new factory in Casablanca as an example of France’s long-term commitment.
He added that while France remains the largest foreign investor in Morocco, the North African country has become the leading African investor in France. He called for expanding cooperation through both trade and joint investments and reciprocal investment projects.
Forissier also noted the importance of investing in people through education, skills development, mobility, and youth opportunities, urging companies to invest in future generations as well as in goods and services.
The minister pointed to renewable energy and green hydrogen as two of the most promising sectors for future cooperation between Rabat and Paris. He said the two countries are working under a new and ambitious economic agenda launched after French President Emmanuel Macron’s state visit to Morocco in October 2024 at the invitation of King Mohammed VI.
The strengthening of economic ties comes as political relations between the two countries have reached a new level following France’s decision in 2024 to officially recognize Morocco’s sovereignty over its southern provinces in Western Sahara. The move marked a major turning point in bilateral relations and paved the way for broader cooperation across strategic sectors.
Since then, Morocco and France have signed several agreements covering infrastructure, energy, transport, industry, and investment. French companies have also shown increasing interest in expanding their activities across the country, including in Morocco’s southern regions, reflecting France’s support for development projects in the area and its confidence in Morocco’s long-term economic potential.
The French-Moroccan Economic Day was jointly organized by the Paris Île-de-France Chamber of Commerce and Industry and the Moroccan Embassy in France, in partnership with the Moroccan Agency for Investment and Export Development (AMDIE), the French Chamber of Commerce and Industry in Morocco (CFCIM), and Business France.
The event aims to further strengthen trade and investment between the two countries and support businesses on both sides of the Mediterranean.
