Global Arab Network | US investors - Morocco stable country with enormous trade potential

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US investors - Morocco stable country with enormous trade potential

Global Arab Network - - Rabih Serrai

Saturday, 16 October 2010 17:37

USA (Washington) - The Moroccan market offers "enormous potential" for the American investors, chairwoman of the Foreign Committee in Morocco's House of Representatives (Lower House) Mbarka Bouaida told the US economic magazine "Global Atlanta."

"Morocco is a stable country with enormous trade potential for the United States," said Bouaida on the sidelines of a recent visit to Atlanta (United States).

"America believes in Morocco as a model for the region," she underlined, highlighting the Kingdom's political stability and economic growth.

Bouaida, who pointed out that the United States and Morocco have a long-standing friendship, also said that the Kingdom was one of the first countries in the world to recognize the U.S, recalling that the two countries are currently linked with a free-trade agreement.

“Tourism, renewable energy and highway construction are a few promising areas for U.S. investment,” she said, adding that the north African country is “pushing for the production of more renewable energy, particularly wind and solar.”

She also highlighted Morocco’s progress, notably in terms of freedoms and women’s rights, as evidence by the increase of their representation in the Parliament.
(MAP)

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Last Updated on Saturday, 16 October 2010 17:46

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