Morocco to attract investors from the Spanish region of Catalonia
Moroccan government has plans to attract further investors from the Spanish region of Catalonia, and reinforcing the North African country’s presence in this region, according to official reports.
Mohamed Cheikh Biadillah, The Speaker of House of Advisors in the Moroccan parliament, who met with visiting Mayor of Barcelona, Jordi Hereu, underlined the importance of reinforcing bilateral relations, recalling that Catalan exportations to Morocco hold a very advanced position. Pointing out the 16,000 Moroccans live in Catalan region, Biadillah said the opportunities of bringing closer Moroccans and Spaniards through the Moroccan community living in Catalonia, a region located in eastern Spain.
According to Map reports, Morocco is proposing broad autonomy to the Sahara to solve a 34-year dispute over this territory between Morocco and the Algerian-backed Polisario separatists. For his part, Hereu voiced hope to reinforce Catalonia’s ties with Morocco and The number of the Moroccans living in Catalonia represents a strong motivation for the region’s decision-takers to boost relations with Morocco. The mayor expressed hope for the establishment, soon, of a Moroccan cultural centre in Spain. The meeting took place in presence of the Spanish ambassador in Rabat.
Meanwhile, Abdelatif Maazouz, Moroccan Foreign Trade minister, and Turkish Industry and Trade minister, Nihat Ergun, pledged to further reinforce bilateral economic cooperation which may attract investors to the country. Maazouz underlined the investment opportunities offered by the North African country which serves as an investment platform thanks to its strategic geographical location and the free trade agreements it concluded with several countries.
Nihat Ergun stressed the importance of exploring Morocco’s key sectors such as real estate for Turkish businessmen, hoping to see Moroccan and Turkish entrepreneurs establish a mutually beneficial partnership.
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