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Home » Economy » UAE, Morocco Decide to Create Joint Working Group to Intensify Industrial Cooperation

UAE, Morocco Decide to Create Joint Working Group to Intensify Industrial Cooperation

The UAE and Morocco have decided to create a joint working group to explore industrial cooperation opportunities.

Safaa KasraouibySafaa Kasraoui
Mar, 14, 2022
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UAE, Morocco Decide to Create Joint Working Group to Intensify Industrial Cooperation

UAE, Morocco Decide to Create Joint Working Group to Intensify Industrial Cooperation

The UAE and Morocco have decided to create a joint working group to explore industrial cooperation opportunities.

Morocco’s Minister of Industry Ryad Mezzour held a working meeting with his Emirati counterpart in Rabat Sultan bin Ahmed Al Jaber on Sunday, March 13.

The two ministers discussed means to promote bilateral trade and industrial relations.

“The two parties focused on ways to strengthen trade relations and achieve joint industrial projects,” Mezzour told state media MAP.

He also announced the UAE and Morocco‘s decision to create a joint working group to further boost cooperation and explore avenues of industrial partnership between the two countries.

The joint group intends to explore joint projects that should be able to contribute to the creation of jobs in Morocco and the UAE, Mezzour concluded.

Morocco and UAE share strong diplomatic relations. The two countries constantly exchange visits and hold dialogues to strengthen diplomatic ties.

The recent political dialogue between the two countries came just a month ago when the Emirati ambassador to Morocco Al-Asri Saeed Ahmed Al Dhaheri emphasized the decades-long and cordial relations between the two countries.

In February, the Emirati diplomat met with the Speaker of the Moroccan House of Representatives Rachid Talbi El Alami, which served as an opportunity for both countries to renew their interest in building stronger ties.

In December 2021, UAE Minister of Industry Al Jaber renewed the importance of the strategic partnership between the two countries.

The UAE is among the top Arab countries investing in Morocco. 

Morocco has over 30 Emirati companies active in the North African country.

According to statistics from the business website Trading Economics, Morocco’s imports from the UAE were estimated at $512.62 million in 2020.

Meanwhile, UAE imports from Morocco reached $151.79 million during the same year.

Tags: Industrial Investment in MoroccoMorocco and UAETrade and the Digital Economy
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