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Saturday, December 10, 2022

Experts: Morocco and USA have Huge Investment Opportunities to Be Seized

The president of the Moroccan Association of Exporters (AMSEX), Hassan Sentissi El Idrissi, called for seizing the various investment opportunities offered by Morocco, in order to serve both the Moroccan and African markets, thanks to the African Continental Free Trade Area (AfCFTA).

During a meeting held recently in Casablanca, with Lawrence M. Randolph, the Consul General of the United States in Casablanca, Sentissi El Idrissi also stressed the need for Morocco to benefit from U.S. technology including desalination of seawater to meet the needs of several regions of Morocco, says ASMEX in a statement.

The president of ASMEX has also proposed the creation of a mixed shipping company to allow a massification of trade flows between the two countries and take advantage of opportunities offered by the free trade agreement between the two countries.

In addition, and as part of the promotion of the Investment Summit “Select USA 2022”, the Consul General of the United States and his collaborators have emphasized the opportunities that the United States of America offers to investors in its various States.

They invited Moroccan operators to participate in this annual event that highlights the current investment environment in the United States and industry trends. The summit is scheduled for June 26-29, 2022 in Washington, D.C., and will bring together high-level participants from all 50 U.S. States to help build relationships and develop economic activities.

To promote the participation of Moroccan companies in this important event, it was agreed to organize a webinar “in the coming days” to which will be invited Moroccan companies and those of sub-Saharan Africa, notes the same source.

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