(MENAFN- The Peninsula) The Peninsula
DOHA: Qatar Chamber board member Ali Abdullatif Al Misnad said that Qatar-Morocco relations saw substantial progress within the past years, particularly after the mutual visits of both countries' leaderships. These visits helped in promoting cooperation fields to the level of both countries' peoples aspirations.
This came during a meeting with a delegation representing the Moroccan Association of Exporters (ASMEX) led by its president Hassan El Sentissi El Edrissi, in the presence of Nabi Zniber, ambassador of Kingdom of Morocco to Qatar.
El Misnad noted that both leaderships played a key role in cementing cooperation ties at all levels, pointing out that Qatar and Morocco enjoy huge potentials and investment opportunities in which the private sector can establish partnerships and joint ventures. The trade volume between them reached last year to QR291m which is still below expectations.
The forum reflected the Moroccan desire to develop cooperation relation with the Qatari side and open new broad horizons of partnerships for the privilege of both economies, he added.
Underlining the importance of investment in Morocco, Misnad said that Qatari businessmen are keen on exploring investment opportunities galore in the Kingdom which is replete with promising opportunities attracting all world businessmen.
On his part, ASMEX's president Hassan El Sentissi El Edrissi invited Qatari businessmen to visit Morocco to explore business climate and establish investments in all fields.
He praised the substantial potentials both sides own which hold promising future for both countries' relations. He affirmed the importance of studying the available opportunities and intensifying mutual visits between businessmen to overcome all economic challenges.
Terming his country as 'a gate to Europe, El Edrissi said that Morocco is a gateway for Qatari companies which desire to enter into the European markets due to its strategic geographical position.
Nabil Zniber, ambassador of Kingdom of Morocco to Qatar, said that this meeting emphasized the distinct relations that both countries enjoy and their wise leaderships. Qatar is highly respected and appreciated worldwide for its positive and honouring situations, he added.
The Moroccan delegation represented top companies active in various sectors including agriculture, chemical industry, construction and civil engineering, fishing industry, IT, transportation, manufacturing, mining, pharmaceutical and textiles. Many presentations on business and investment opportunities in Morocco were made at the event. ASMEX aims at encouraging and promoting Moroccan exports, goods and services available or in progress on international markets.
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