Morocco, UAE, Egypt, Jordan, Bahrain team up in industrial partnership

Morocco joined an Arab industrial cooperation partnership bringing together the UAE, Egypt, Jordan and Bahrain aiming to promote investments and economic development.

The partnership’s MoU was signed in Manama by the five countries during a high-level ministerial meeting, attended by Moroccan industry minister Ryad Mezzour.

The partnership offers a promising cooperation platform to support sustainable economic development and spur investments, Mezzour told local media.

He said Morocco is poised to enrich the partnership thanks to its expertise in a range of key industries including the automotive, textile, pharmaceutics, and aeronautics.

The five countries have some of the most diversified economies in the MENA region. Besides, Morocco, Jordan, and Egypt have a free trade agreement.