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Saturday, December 10, 2022

Incentives Provided in Morocco’s New Investment Charter Would Attract Foreign Investors

The incentives provided for in the new investment charter would attract the interest of foreign investors, including Belgian investors, said Tuesday in Casablanca, Belgium’s Deputy Prime Minister and Minister of Economy and Labor, Pierre-Yves Dermagne.

Dermagne was speaking at a meeting with the Secretary-General of the Moroccan Labor Union (UMT), Miloudi Moukharik in the presence of members of the UMT National Secretariat, the Belgian Ambassador to Morocco Veronique Petit, and a large Belgian delegation.

The Belgian minister expressed his pride to be in Morocco and said he was pleased with his visit to the Union, a UMT statement said.

Dermagne was also pleased with the social agreement signed with the government despite the difficult national and international economic situation.

During this meeting held to discuss issues of common interest in the field of employment, Moukharik highlighted the strong ties between the UMT and the trade union movement in the Kingdom of Belgium, including CSC and FGTB unions, according to the same source.

He also gave to the Belgian delegation an overview of the progress and conclusions of the social dialogue in Morocco which led to the signing of an agreement on April 30, 2022, with the Head of government.

According to the statement, the two parties renewed their commitment to strengthen cooperation between social and economic partners in Morocco and Belgium and agreed to continue consultations and ongoing cooperation for the common interest of both countries.

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