The UAE will host Expo 2020!
  • Arabic
Supported by the UAE National Media Council
We are in the process of developing and improving our website, and we invite you to participate in our brief survey to measure the level of your satisfaction
Satisfaction Survey For UAE Interact Website
رغبة منا بالتعرف على مستوى رضاكم عن موقعنا وبهدف تطويره وتحسينه، فقد قمنا بتصميم استبيان سريع لقياس مدى الرضا عن موقع دولة الإمارات العربية المتحدة روعي في تصميم الاستبيان أن يكون قصيرا وسريعا كي لا نطيل عليكم، وعليه نرجو منكم التكرم باستكماله عن طريق الرابط التالي
استبيان رضا المتعاملين عن موقع دولة الإمارات العربية المتحدة

UAE-Morocco relations exemplary

posted on 23/07/2006: 1473 views

President H.H. Sheikh Khalifa bin Zayed Al Nahyan started yesterday a historic visit to the Morocco on invitation by King Mohammed VI. Sheikh Khalifa's visit is a testimony to the exemplary ties between the two countries which date back to early seventies.

On March 20 1984, the joint UAE-Moroccan committee was established under a comprehensive agreement for economic, commercial and technical cooperation.

Ever since, the committee has branched out into specialised panels working to further cement ties in cultural, manpower and other fields.

In February 2004, the committee held its third session in Abu Dhabi which was co-chaired by Sheikh Hamdan bin Zayed Al Nahyan, Deputy Prime Minister and Mohammed bin Isa, Moroccan Minister of Foreign Affairs and Cooperation.

That meetings saw a number of accord signed on cooperation in the fields of environment, tourism, telecommunications, IT, fisheries, maritime and culture. A the end of the meetings, the two sides reiterated their support to the Arab solidarity and called for boosting the Arab League's role. In last May, UAE-Moroccan joint trade committee held its meetings in Morocco.

Sheikh Lubna bint Khalid Al Qasimi, Minister of Economy and Mustafa Al Mash-Houri, Moroccan Minister of External Trade, co-chaired the meeting.

The two countries also agreed to remove obstacles hindering easy flow of commodities and products between their markets and to form a joint taskforce to facilitate two-way trade exchange in a more effective mechanism.

The measures were signed by Sheikha Lubna Al Qasimi, UAE Minister of Economy and Al Mustafa Al Mashhour, Moroccan Minister for External Trade at the end of the two-day first meeting of the joint trade committee. The two countries also expressed their desire to conclude an agreement for administrative and technical cooperation and their determination to fight smuggling through customs.

Sheikha Lubna said after the signing ceremony that the good results of the meeting underlined the firm will of Abu Dhabi and Rabat to push bilateral relations forward.

"The two countries have shown keen desire open up new avenues for economic cooperation and developing its to full-fledge partnership," she added.

The Moroccan minister affirmed that Moroccan government would spare no efforts to further strengthening the unique ties with the UAE. He said that he was satisfied with the outcome of the meeting.

The two-way trade exchange reached US$125 million last year, a growth of 94 per cent over 2004 which stood at US$64 million. The trade balance is in favour of the UAE with its exports to Morocco accounting for US$96 million.

The UAE delegation includes representatives from both public and private sectors and UAE ambassador to Morocco Isa Hamad bu Shihab. In her speech, Sheikha Lubna said that UAE economy achieved a tremendous growth last year with Gross Domestic Product (GDP) reaching US$131.8 billion and per capita income over US$30,000.

According to Sheikha Lubna, non-oil sectors contributed more than 67 per cent of the total GDP, while fixed capital formation accounted US$28.3 billion of which, 47 per cent were in the form of private investments.

Non oil trade between the two countries grew from Dh 216 million in 2001 to Dh 410 million in 2005, according to a statistical report recently published by the Ministry of Economy. Exports and re-exports from UAE to Morocco reached Dh 314 million in 2005, compared with Dh 185 million in 2001.

During the same period, UAE imports from Morocco jumped from Dh 31 million to Dh 96 million. UAE exports to Morocco include petrochemicals, metals, foodstuff products, transport equipment, tools and appliances. Its imports cover agricultural products, textiles, leather items and foodstuff.

Since the establishment of Morocco-UAE Development Company in 1982, several joint ventures has been executing in mining, tourism, export and textile industry.

According to Isa Hamad Bu Shahab, UAE Ambassador to Morocco, the total value of the country's investments in the kingdom reached Dh 175 billion by the end of 2005.

Most of the investments focus on tourism, resorts, shopping malls, property, infrastructure, roads and airports. "President His Highness Sheikh Khalifa bin Zayed Al Nahyan and His Majesty King Mohammed VI are keen on extending brotherly ties, the foundation of which was laid by the late Sheikh Zayed bin Sultan Al Nahyan and the late King Al Hassan II," he said.

The Abu Dhabi Development Fund contributed in financing a number of development projects in Morocco through six companies. Key projects include Tangier Port development, the ring road of Stat city and the road linking Tangier with Algerian borders. The fund is also overseeing the grants given to build the Sheikh Zayed Hospital in Rabat, clinics, a housing complex, dams, bridges and agricultural projects. (Emirates News Agency, WAM)


29 June 2017 Mohamed bin Zayed gets phone call from Bill Gates
22 June 2017 Mohamed bin Zayed, Serbian President discuss bilateral ties of friendship, cooperation
22 June 2017 Mohamed bin Zayed holds talks with French President
22 June 2017 Abu Dhabi Crown Prince, French FM discuss strengthening relations
14 June 2017 Mohamed bin Zayed and President of Russia discuss regional development, efforts to combat terrorism

Most Read