Morocco and Qatar to strengthen their ties 2
#Business #DecisionMakers #Economy #Institutions #MediterraneanExchanges #News #Trending #MOROCCO
Kheireddine Batache
Wednesday 14 March 2018 Last update on Wednesday, March 14, 2018 At 12:12 PM

Cooperation between Morocco and Qatar enriched with new partnerships with signing of 11 agreements covering several sectors.


 Cheikh Tamim Ben Hamad Al Thani and king Mohammed VI

Morocco and Qatar are willing to foster bilateral state-to-state and people-to-people exchanges. This outlook was in the scope seventh Moroccan-Qatari high Joint commission in Rabat. In the framework of this high-level meeting  Head of the government Saad Eddine El Othmani and Qatar’s Prime minister Abdullah bin Nasser bin Khalifa Al Thani signed 11 cooperation agreements.

The new partnerships are covering education, culture, youth, media, finance, banking, housing, training, handicrafts and agriculture. Outside of the official ceremony, both delegations expressed their satisfaction regarding the economic spin-offs of the bilateral cooperation, particularly since the beginning of the regional crisis (with GCC neighbours) that hit Qatar at the end of 2017.

Saad Eddine El Othmani stressed that is necessary for both countries to keep on the same king of commitment and maintain appropriate efforts in order to raise the cooperation at the top level. On its part, Abdullah bin Nasser bin Khalifa AlThani lauded Morocco for its “lofty stands in support of Arab and Islamic just causes.”

It is worth to mention that Qatar is an economic key actor for Morocco as it is one of the most important potential partner in terms of FDI’s. In 2014, GCC’s foreign investments in Morocco represented a third of total FDI. But Morocco seems to have a “Qatari” vision for the its economic futur regarding the Middle-East countries and it might start by attracting more capital risk investments, coming from Doha. As a reminder, a contract between the two kingdoms would soon allow Qatar Airways to be the controlling shareholder of Royal air Maroc.

Discover out our latest videos about the economic news in Morocco: 

Réagissez à cet article

Vos commentaires

Rejoignez la discussion

Your email address will not be published. Required fields are marked *