Business Europe Headlines Morocco

Exceptional Economic Partnership With Morocco Serves as ‘Model for Rest of Africa’ – French Official

The “exceptional” economic partnership between Morocco and France is “a model for the rest of Africa,” French Junior Minister for Foreign Trade Nicolas Forissier said.

“This is an exceptional economic partnership built on a shared vision, with both countries believing that international trade is a driver of success and development for peoples and future generations, and that, when properly organized and fair, it creates win-win opportunities,” Forissier said in opening remarks at the France–Morocco Economic Day, held in Paris on Wednesday.

Addressing nearly 300 participants—including business leaders, investors, public officials, and institutional decision-makers—gathered for the high-level event aimed at strengthening and deepening economic relations and trade between the two countries, Forissier added that “it is truly this shared vision and these shared values that bring France and Morocco together,” making “this economic relationship a model for the rest of Africa.”

The French official welcomed the strengthening of ties between Morocco and France, noting that bilateral trade reached more than €15 billion in 2025, a level he described as “quite unprecedented” and one that “has doubled in less than ten years.”

Forissier said France intends to continue working with the Kingdom according to the same “win-win” approach that underpins their bilateral relationship, enabling both countries to benefit from economic opportunities on both sides, at a time when Morocco “is industrializing, modernizing, and diversifying,” while France, for its part, “is opening its doors to Made in Morocco products.”

In this regard, he highlighted the dynamism of French investment in Morocco and cited the strengthened presence of aerospace equipment manufacturer Safran, which has recently invested €600 million in a new factory in Casablanca.

However, while France is the leading foreign investor in Morocco, the latter is the leading African investor in France, the French official pointed out, advocating stronger economic ties “not only in terms of trade, but also in terms of co-investment and cross-investment.”

He also stressed that people remain at the heart of the France–Morocco partnership—including in training, skills development, mobility, and youth—with companies encouraged to “invest in skills, in the future of those who will carry our partnership forward tomorrow, and not only in goods or services.”

Regarding the prospects for the positive momentum characterizing bilateral relations, the French official highlighted “the new ambitious and shared economic agenda,” which is rooted in the framework of the Enhanced Exceptional Partnership established in October 2024 during French President Emmanuel Macron’s state visit to Morocco at the invitation of King Mohammed VI.

“All of this also rests on an excellent political relationship, which is the foundation of our shared ambition,” he said, expressing confidence that “in a world marked by crises and uncertainty, it is essential to build poles of stability and partnership-based relationships that help shape the future and secure market opportunities and supply chains for our companies.”

The France–Morocco Economic Day Organized in partnership with leading institutions actively committed to promoting Franco-Moroccan economic relations—including the Moroccan Agency for Investment and Export Development (AMDIE), the French Chamber of Commerce and Industry in Morocco (CFCIM), and Business France—serves as a leading platform dedicated to supporting businesses on both sides of the Mediterranean.

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