On the sidelines of the Morocco–France Economic Forum held in Dakhla, the CGEM hailed this “major diplomatic achievement” led under the enlightened guidance of His Majesty King Mohammed VI, noting that the agreement consolidates the southern provinces’ position as a leading destination for European and international investment.
“This new agreement also creates a favorable environment for investment, value creation, and sustainable job opportunities. It serves as a catalyst for the economic development of the southern provinces, which are rich in potential across multiple sectors,” the Confederation said in a statement.
Moroccan business operators welcomed the fact that agricultural and fisheries products originating from Morocco’s Sahara will continue to benefit from the same preferential access conditions to the European market as those produced in other parts of the Kingdom, the same source added.
The agreement also highlights other strategic sectors, particularly renewable energy, recognizing the expertise and competitiveness of companies established in these regions, the CGEM noted.
Morocco remains the European Union’s leading trading partner in both Africa and the Arab world, with bilateral exchanges estimated at over 640 billion dirhams (60 billion euros) annually—a volume expected to grow significantly in the coming years.
The CGEM reaffirmed its commitment to supporting this dynamic through its initiatives within the EU and its direct backing of Moroccan and foreign companies operating in and with Morocco, with the goal of making this new agreement a driver of growth and mutually beneficial economic integration.
Editorial team/le7tv