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5th US-Morocco Trade and Investment Forum

Business opportunities in Morocco and government incentives for investors were presented to US companies this Friday in Miami, Florida, at the 5th US-Morocco Investment and Business Forum.

About 20 Florida-based companies, interested in Morocco and Africa, took part in a round table moderated by the Secretary of State for Investment, Othmane El Ferdaous, and the Acting Director General of the Moroccan Agency for Investment and Export Development (AMDIE), Hicham Boudraa.

During his speech, the Secretary of State reviewed the business opportunities offered by Morocco, particularly in the automotive, aeronautics and renewable energy sectors.

For their part, US firms have expressed interest in continuing discussions including the incentives that Morocco could offer them to expand their business in the region, which remains unknown for some companies.

They also expressed their willingness to visit the Kingdom to meet Moroccan companies, and look into business opportunities in Africa.

This round table took place on the sidelines of the US-Morocco Business and Investment Forum, the 5th edition of which was held in Miami, on the initiative of the Moroccan Embassy in Washington, DC, in partnership with the US-Africa Business of the United States Chamber of Commerce and Miami Dade College, the largest public university in this country.

Under the theme: “Forum for Trade and Investment between the United States and Morocco: Transatlantic Links”, this event coincides with the inauguration of the new direct air route Casablanca-Miami by Royal Air Maroc, at the rate of three frequencies per week.

This new service joins those of Casablanca-New York and Casablanca-Washington DC. This important network will be consolidated by another link next June with Boston.

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