Maghreb Arab Press

Qatar Seeks to Increase Investments in Morocco, Minister Says

Rabat  -  
Qatar seeks to increase its investments in Morocco, Qatari minister of Economy and Trade, Sheikh Ahmed Bin Jassim Bin Mohammed Al Thani, said Monday in Rabat.
Qatar Seeks to Increase Investments in Morocco, Minister Says
12 March 2018

A timetable and specific measure have been set in agreement with the Moroccan side to increase investment and trade between the two countries, the Qatari Minister told reporters following talks with Morocco’s State Secretary for Foreign Trade Rkia Derham.

These talks are part of efforts to strengthen relations between Morocco and Qatar in economy, trade and investments, he pointed out, noting that there are still several areas in which both parties could cooperate to increase trade and investment.

The Qatari Minister, who praised the depth of political and economic relations between the two countries, highlighted the stability enjoyed by Morocco under the leadership of HM the King, "which has allowed the Kingdom to become one of the most attractive African countries for foreign investment, as evidenced by recent figures of foreign direct investment flows ".

In her turn, Derham underlined the excellence of Moroccan-Qatari relations, adding that the two countries are set to bring their economic and trade relations to the level of the distinguished fraternal relations between the leaders of the two countries.

It was agreed to set up a direct shipping line between Morocco and Qatar to increase trade between the two countries, she said.

This meeting was also an opportunity to discuss Qatar’s participation in the major investments that Morocco is making in Africa, including in the fields of social housing and phosphate, in order to strengthen the Moroccan-Qatari presence in the continent.

Head of Government, Saad Eddine El Othmani, and Qatar's Prime minister and Interior minister Abdullah bin Nasser bin Khalifa Al Thani co-chaired Monday in Rabat the 7th session of the Moroccan-Qatari high joint cooperation commission.

This session was marked by the signing of 11 agreements, Memoranda of Understanding (MoU) and action programs in several areas.

Last modified : 12 March 2018

ROYAL MULTIMEDIA LIBRARY

You are missing some Flash content that should appear here! Perhaps your browser cannot display it, or maybe it did not initialize correctly.

Multimedia library

  • You are missing some Flash content that should appear here! Perhaps your browser cannot display it, or maybe it did not initialize correctly.

  • See [+]