Spain to double its aid to companies wishing to invest in Morocco

High Level Meeting of (RAN) Spain Y Morocco It was launched with a business forum. Rabat. Reyes Maroto, responsible for Industry, Trade and Tourism, became the first minister to set foot in the neighboring country. He argued that he “recovered with great momentum” when he arrived. Business relationships Then diplomatic crisis It was announced that the two countries took part in 2021. Business Spaniards who want to invest in the neighboring country. He also suggested that pilot testing was progressing during the RAN. customs related to Ceuta Y Melilla To set the opening date.

One of the agreements the two governments will sign this Thursday is From 400 to 800 million euros Resources provided by the Spanish Manager to companies to invest in Morocco. Maroto is committed to the priority sectors to which this line of credit will be allocated. renewable energydesalination, infrastructures, logistics, innovation and industry. At the business forum organized by the employers of both countries, another agreement was signed between the Spanish Development Finance Corporation (COFIDES) and the Moroccan State Fund to facilitate investments in Morocco.

rabat and Madrid They will also sign a memorandum of understanding tourism cooperation. “Morocco is one of our main export markets, not only in terms of volume, but also in terms of Moroccans who have a second residence in Spain. This will increase these flows,” said Maroto. Minister wanted to highlight “solid” when he arrived in Rabat economic relationship trade and trade between countriesstrategic partners“According to Maroto, currently trade with Morocco exceeds 18,000 million euros between exports and imports.

customs

The Commerce Minister described it as a “turning point”. pilot tests took place last Friday traditions Ceuta Y melilla. He announced that this will be one of the issues that will be discussed at the high-level summit to be held on Thursday. “The two countries agree that we need to get back to normal,” said Maroto, confirming that after analyzing the results of this test, a date could be given for the “gradual and gradual” opening of customs.

After the Head of the Spanish Government had landed in Rabat, Pedro SanchezIt was closed with its Moroccan counterpart, Dear Akhannouch, this business meeting A total of 23 agreements are expected to be signed this Thursday following the High Level Meeting. Twelve Spanish ministers traveled with Sánchez, but their leader was absent. to be those who make up the government.

Source: Informacion

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