The first ministerial session of the Morocco-UAE Joint Economic Commission was held Thursday in Rabat, under the chairmanship of the Moroccan Minister of Economy and Finance, Nadia Fettah Alaoui, and her Emirati Counterpart, Abdulla bin Touq Al Marri.
On this occasion, Fettah Alaoui praised the distinguished relations between Morocco and the UAE, praising the pioneering contribution of the UAE Government and the Abu Dhabi Fund for Development in supporting development projects in several sectors in Morocco.
The Moroccan minister also shed light on the major economic reforms undertaken by the Moroccan government to improve the business climate in the Kingdom, which has consolidated its position as a privileged destination for investors and enhanced its attractiveness and economic projection at the regional and international levels.
In a similar context, Fettah reaffirmed Morocco’s willingness to further develop joint action mechanisms with the UAE, and establish fruitful economic cooperation in several fields of common interest, calling on Emirati investors to seize the promising investment opportunities the Kingdom offers and establish partnerships with the Moroccan private sector in priority areas.
For his part, Al Marri commended the solid brotherly and cooperative relations between Morocco and the UAE, expressing his country’s commitment to further developing bilateral relations and prospects for economic cooperation.
The Emirati minister also stressed that the holding of the first session of the Morocco-UAE Joint Economic Commission is a new starting point for strengthening economic and trade partnerships between the two countries, developing cooperation mechanisms, and implementing a new partnership plan in business and investment activities.
In a similar context, the Emirati minister affirmed that this meeting of decision-makers, investors, and business representatives showcases the success of joint efforts and paves the way for exploring new aspects of economic cooperation between Morocco and the UAE.
This ministerial meeting was held following a bilateral meeting between Fettah Alaoui and Al Marri, which was crowned by the signing of a memorandum of understanding (MoU) on economic and technical cooperation between the two parties.
The aim is to establish a cooperation framework contributing to the development, reinforcement, and diversification of the economic and technical cooperation sectors between the two countries through the establishment of the Morocco-UAE Joint Economic Commission.