Qatari, Moroccan companies sign USD27.44m contracts


(MENAFN) Qatar announced that joint meetings between Qatari exporters and Moroccan importers resulted in the signing of three commercial contracts, which totaled USD27.44 million, for exporting Qatari plastic, irrigation and other products, The Peninsula Qatar reported.

During these meetings, the companies from both countries discussed potential export opportunities and ways of promoting Qatari products, namely detergents, medical injections, aluminum and plastic products, which are known to be the most in demand Qatari products in the Moroccan market.

Meanwhile, Qatar said that the volume of trade exchange between them and Morocco is improving, with Qatar's exports to Morocco reaching USD103.46 million during 2013, while Moroccan exports to Qatar reached USD8.23 million during the same year.

Qatar said that its interest in the Moroccan market is not new and the country has been focusing on it, as well as other prominent markets in the world, as the country attempts to increase its non-hydrocarbon exports as well as opening new areas of cooperation between Qatari companies and their Moroccan counterparts, especially given Morocco's location as a gateway to North African countries and Africa in general.


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