Greene says Morocco’s economic opportunities draw US businessmen

CASABLANCA - The economic opportunities offered by Morocco arouse the interest of American businessmen, said Wednesday US ambassador to Rabat David Greene.

Speaking at a networking reception organized in honour of American businessmen who came to examine ways of cooperation and partnership with Moroccan business leaders, Greene highlighted the economic potential that Morocco has to consolidate bilateral economic relations and promote growth between the two countries.

“The visit of the US delegation gives a new dynamic to efforts to strengthen trade ties between Morocco and the United States on the 15th anniversary, celebrated in 2021, of the free trade agreement (FTA) sealed between the two countries,” said Greene.

"We discussed with participants how this FTA has helped to increase trade opportunities between the United States and Morocco, expand trade and create thousands of jobs for the benefit of both countries," he said, adding that since its entry into force in 2006, trade between the two countries has increased fivefold to allow more than 120 US companies to operate in the Kingdom.

After noting that the reopening of borders and the easing of the health crisis mark a favourable conjuncture for economic recovery, Greene referred to the current global context that "requires us to act together to promote peace and security and build peaceful productive ties, like the model that the United States and Morocco have built through their common history.

Earlier in the day, the Commercial Department of the US Consulate General in Casablanca organized multi-sector B2B meetings between a delegation of twelve US companies and various members of the Moroccan business community.

This visit is part of the Trade Winds Middle East and Africa event, a US government-led trade mission that organizes business trips to several countries in the North Africa and Middle East region for the benefit of hundreds of American companies.

The objective of this visit is to create commercial links and help participating companies achieve growth in several sectors such as agribusiness, new information technologies, security, defence technologies and energy.