Laayoune hosts Morocco-UAE Business Forum

Laayoune hosts Morocco-UAE Business Forum

The Moroccan Sahara city of Laayoune is hosting the Morocco-United Arab Emirates Business Forum held under the theme ”A New Outlook, New Partnerships.”

The forum, held under the High Patronage of King Mohammed VI, aims to showcase the region’s potentialities and partnership and trade opportunities for Emirati economic operators and investors.

Organized by Laayoune-Sakia El Hamra regional council and Morocco’s Investment and Trade Agency (AMDIE), the forum also seeks to explore new investment partnerships between the two countries’ private and public sectors in agriculture, fisheries, mining, renewable energy, construction, and tourism.

The opening of the Forum was marked by presentations that highlighted the excellence of relations between Morocco and the UAE and the multidimensional strategic partnership binding the two countries.

The UAE has opened a consulate general in Laayoune in November 2020, becoming the first Arab country to establish a diplomatic representation in the Moroccan southern provinces. Through this move, the Gulf country reiterated in a tangible way its support for Morocco’s sovereignty over the Sahara.

The opening of the Consulate gave a new impetus to political, economic, commercial, and cultural bilateral ties, and the organization of this forum reflects the strong determination of the UAE to contribute to the dynamics of the development of the region.

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