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CGEM and CIP launch Morocco-Portugal Impulse Group

The Confederation of Enterprises of Portugal (CIP) organized, in partnership with the General Confederation of Enterprises of Morocco (CGEM) in Lisbon, a Portugal-Morocco Economic Forum with 180 entrepreneurs from both countries, including a delegation of 70 members of the CGEM, led by Mr.Salaheddine Mezouar, President of the CGEM, participated in this meeting. Also participating in this event were Teresa Ribeiro, Portuguese Secretary of State for Foreign Affairs and Cooperation, and Othmane Bahnini, Ambassador of Morocco to Portugal.

Focusing on the dynamics of co-investment, the presentation of doing business and business opportunities, the meeting was also marked by the organization of sectoral workshops (Automotive, Textile, Energy, IT & Start-ups) and B to B between Businessmen.

In her address, Ms. Teresa Ribeiro emphasized that the two countries had as a common goal to strengthen their economic presence in African markets and recalled the interest for the European Union to develop close economic relations with Africa.

For his part, Mr. Salaheddine Mezouar emphasized the importance of regional integration between Morocco and Portugal and called for using sectoral synergies to expand common markets to Africa and Latin America, by inscribing itself in an industrial value chain logic. For his part, Mr. Armindo Monteiro, Vice-President of the CIP, added that the intensification of the economic relationship between the two countries necessarily requires a strengthening of the action program between their professional associations.

In order to achieve this strong desire for industrial partnership, CGEM and CIP announced the creation of an impulse group consisting of sectoral working committees to identify investment opportunities and promising markets and to link companies.

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