This article was automatically translated from HIBAPRESS, the Arabic version:
This article was automatically translated from HIBAPRESS, the Arabic version:
Heba Press – Ahmed Al-Musaed
Omar Hajira, Secretary of State for Foreign Trade, is organizing several regional consultative meetings, with a view to preparing the foreign trade action program for the year 2025.
These meetings, which cover 12 regions of the Kingdom, bring together parliamentarians, representatives of professional chambers, a large number of exporters and regional actors from the public and private sectors, according to a participatory methodology, which includes realistic procedures and programs. and highly achievable, based on the speeches of His Majesty the King, may God grant him victory, and the government’s declaration and commitments to Parliament and the strategy of the Ministry of Trade and Industry.
The meetings were an opportunity to listen to the expectations of the various players in the export sector, and also provide an opportunity to review the promising prospects that abound in the regions of the Kingdom, thanks to the major structuring projects which have been launched under the leadership of His Majesty King Mohammed VI, may God help him. It was necessary to develop a major strategy to attract a number of significant investments to strengthen the national economy and international trade, diversify economic partnerships and create thousands of new jobs.
Because the Kingdom of Morocco benefits from the diversity and multiplicity of international free trade agreements, due to its policy of openness to growing markets, including 12 agreements, 100 markets, and more than 2.6 billion consumers, where exports reached 430 billion dirhams, and imports reached 716 billion dirhams, recording a trade deficit of 286 billion dirhams according to 2023 data.
The African continent is also considered to have significant untapped export potential of around 12 billion dirhams. These consultative meetings are an opportunity to establish a framework to accelerate the development of Moroccan exports and promote national products, as received by the State Secretariat for Foreign Trade. numerous proposals, including improving the competitiveness of Moroccan companies in the field of exports, improving market knowledge and economic monitoring, promoting Moroccan industry, supporting and speeding up exporting companies by simplifying procedures and improving the conditions of access to financing for companies. Banking infrastructure, reduction of fees applied in ports, establishment of a legal mechanism to resolve the problem of customs barriers in traditional markets, application of the principle of reciprocity and strengthening of the regulatory and promotional framework linked to the intellectual property of the “Made in Morocco” brand.
Important regional consultative meetings will make it possible to develop a realistic and serious roadmap in accordance with the high desire of His Majesty the King to facilitate the attraction of foreign investments, stimulate exports and promote Moroccan products.
