UAE Economy Minister Sees in Declaration Signed by HM the King, UAE President ‘Strong Plea’ for Investment in Morocco’s Vital Sectors

The Declaration signed by HM King Mohammed VI and HH Sheikh Mohammed bin Zayed Al Nahyan, President of the United Arab Emirates, is a strong plea for the promotion of investments in vital sectors in Morocco, Emirati Minister of Economy Abdullah bin Touq Al Marri said.    The Declaration, titled “Towards an innovative, renewed, and rooted partnership between the Kingdom of Morocco and the State of United Arab Emirates,” is a resolute call for direct investment in vital economic sectors such as food security, energy, water, and transportation, Al Marri underlined in an exclusive interview with television channel 2M.    In this interview aired on Wednesday evening, the UAE minister recalled that the Royal Visit was marked by the exchange of several memoranda focusing on investments in infrastructure projects, including ports, airports, and Data Centers.    Recalling that the Moroccan-UAE Joint Economic Commission was held last April in Rabat, Al Marri stressing that his country and Morocco represent a unique model of global economic partnership between Arab countries.    Referring to the ongoing virtuous momentum of economic development in Morocco, the minister welcomed the measures adopted by the Kingdom to promote foreign investments.    In this regard, he cited the new Investment Charter which is among the best texts in this area insofar as it offers foreign investors several incentive measures to facilitate their investment and the development of their activities.