According to the latest figures from the Foreign Exchange Office, the balance is currently tilting in favor of the United States in terms of foreign direct investment. For a long time, France was the first country of origin of FDI to Morocco, American investments rose to the first rank in terms of net flows (Flux Net FDI).
According to statistics from the Foreign Exchange Office in 2022, American foreign direct investment skyrocketed from 436 million dirhams in 2020 to 692 million dirhams in 2021, before doubling to reach 7.409 billion dirhams, against only 3.2 billion dirhams for investments from France.
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American funding thus dismissed French FDI in the Kingdom. This breakthrough in cooperation is reflected in capital and economic actions, strongly supported by political positions, the most significant of which was the decision of ex-President Donald Trump to recognize Morocco’s sovereignty over its Sahara, in December 2020. .
Moreover, America has invested and is interested in all the economic sectors that Morocco offers. It generally targets everything that is strategic: the metallurgical industries, water purification and desalination projects, wastewater recycling, the technology and services sector and renewable energies, in particular hydrogen, of which the projects mainly embrace the regions of the Moroccan Sahara.
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We should also remember that in 2006, the USA and Morocco signed free trade agreements. These agreements, which are economic and commercial in nature, include, among other things, trade in goods and services. It also covers public procurement, investment as well as aspects related to the protection of intellectual property, the environment and labor.
2023-08-09 17:15:21
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