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Monday, January 30, 2023

Morocco, Spain Discuss Means to Strengthen Trade

Federation of Moroccan Chambers of Commerce, Industry and Services (FCMCIS) President Lhoucine Alioua and Spanish Ambassador to Morocco Ricardo Díez-Hochleitner Rodríguez discussed means to strengthen trade and economic exchanges between the two countries.

During these talks, the two sides welcomed the development of bilateral cooperation relations, including trade, and discussed ways to promote partnership between economic operators of both countries.

Exchanges have also focused on the challenges faced by investors and ways to strengthen trade between companies established in Morocco and Spain, said Alioua.

The two parties took this opportunity to express their determination to further strengthen their relations in the economic, trade and investment, he added in a statement to MAP.

In addition, the FCMCIS president noted that the new investment charter, discussed at this meeting, will give a new impetus to investment in the regions that need it most.

For his part, the Spanish ambassador highlighted the importance of trade relations between the two neighboring countries, recalling that Spain is the final destination of nearly 40% of Moroccan exports to the European Union.

Rodríguez also explained the operation of chambers of commerce in Spain, in addition to business clubs that represent spaces for B2B meetings.

This meeting, held at the headquarters of the FCMCIS, took place in the presence of the director of the FCMCIS, Narjiss Loubaris and the head of the economic and trade office at the Embassy of Spain in the Kingdom, Javier Fernández Méndez de Andes.

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