20 °C Fair Rabat

News
Monday 9 October 2017

Australia Has Developed Ambitious Agenda to Boost Trade With Morocco

Vocal synthesis
Australia Has Developed Ambitious Agenda to Boost Trade With Morocco

Australia has developed an ambitious agenda to promote trade relations with Morocco, said, Sunday in Marrakech, Australian minister of Trade, Investment and Tourism, Steven Ciobo.

Speaking at an official ceremony to launch the Australia Morocco Business Council (AMBC), Ciobo said the Council has enabled to identify key sectors likely to promote economic cooperation between the two countries.

"These include the sectors of tourism, mining, renewable energy and agribusiness," he said, stressing the importance of creating the AMBC in promoting bilateral ties.

Ciobo also highlighted Morocco's geostrategic position, which allows it to act as a bridge between Europe and Africa, adding that Australia would provide to Morocco a technical and technological support, notably in the area of renewable energy.

“Some 11,000 Australian tourists visit Morocco each year,” he said,” noting that this sector offers major cooperation opportunities between the two countries.

AMBC is meant to promote economic, trade, financial, technological, professional and cultural relations, as well as friendly ties between business communities in the two countries.

The Council is the first platform of meetings, interaction and exchange of ideas, experiences and information on business opportunities, regulations, investment and market momentum between Australia, Morocco and their development zones (in Africa for Morocco, especially West Africa, and in Oceania and South Asia for Australia).