Morocco committed to promoting business climate, FDIs, diplomat

Geneva – Morocco places the promotion of the business climate and Foreign Direct Investments (FDI) among its top priorities, Morocco’s Ambassador to the United Nations in Geneva, Omar Hilale said on Wednesday.

Addressing the 2nd session of the Business, Investment and Development Commission of the United Nations Conference on Trade and Development, he said world economies are confronted with an unbridled globalization, bringing about an array of opportunities which inadequately speeds up the evolution of world economy and hinders several developing countries from following the pace of ongoing processes.

The implementation of an efficient strategy in terms of Foreign Direct Investment requires a well-defined, coherent and coordinated development project, Hilale said. 

Morocco is committed to strengthen the competitiveness of its economy, he said, stressing that the demonopolization process has led to the liberalization of several key economic sectors…read more


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