Economic Mission in Cairo: The Morocco-Egypt Business Council Intensifies Preparations
Economic Collaboration on the Horizon: Morocco-Egypt Business Council Meeting
A working meeting took place on Friday in Casablanca between the co-chairs of the Morocco-Egypt Business Council, Ali Tazi and Nezar Abou Ismail, along with the Egyptian Ambassador to Morocco, Ahmed Nihad Abdellatif. This gathering was held in preparation for the upcoming Moroccan economic mission scheduled in Cairo from May 3 to 5.
Jointly established by the General Confederation of Enterprises of Morocco (CGEM) and the Federation of Egyptian Industries, this Council aims to strengthen economic and commercial ties between the two nations by leveraging the complementary nature of the Moroccan and Egyptian private sectors, as stated in a CGEM press release.
During the meeting, the two leaders highlighted the strategic role of the Council in fostering a balanced and sustainable economic partnership. They agreed on formulating a joint roadmap focused on promoting cross-investments in key sectors such as agribusiness, automotive, plastics, textiles, and distribution.
The discussions also centered on identifying ways to support businesses and streamline interactions between the economic ecosystems of both countries.
Led by the Secretary of State for Foreign Trade, Omar Hejira, and organized in coordination with CGEM, this economic mission to Cairo aims to enhance the presence of Moroccan products in the Egyptian market.
Additionally, it will feature a Morocco-Egypt business forum, bringing together Moroccan exporters and Egyptian importers from various sectors to stimulate trade and create new avenues for bilateral cooperation.
