Morocco-Israel: Economic Cooperation in Accelerated Mode

During the first economic forum between the two countries in Tel Aviv, a symposium was held in Aitomerur, Morocco, during which the two countries exchanged experiences on agricultural issues.

On Thursday, March 17, the last meeting, the Government Council focused on a bill on the implementation of an economic and trade agreement signed with Israel on February 21. When this bill 18.22 is adopted by Parliament, it constitutes the legal framework for this cooperation between the two countries. Recall that the agreement in question is particularly related to the creation of a “qualified industrial zone” in Morocco. Which zone will embody Morocco-Israel-US tripartite cooperation in the areas of trade and investment and will enable easy direct access to the US market for goods produced in these zones. A few days before this government council meeting, Moroccan and Israeli employers began establishing channels of cooperation between the private sector of both countries. It was a bystander of the first Israel-Morocco Economic Forum held in Israel by CGEM and the Israeli Employers Association of Israel (IEBO). The Israel-Morocco Economic Forum was attended by 80 Moroccan companies and more than 300 Israeli companies working in various areas such as agriculture, industry, health, education, renewable energy and water. On this occasion, the parties proceeded to sign a strategic partnership agreement in Tel Aviv. Under this agreement signed by CGEM President Chakib Alj, IEBO and Israeli Manufacturing Association President Ron Tomer, and Israel Chamber of Commerce and Industry Federation (FICC) President Uriel Lynn, interested parties will be with CGEM. IEBO will explore important topics on the relationship between Morocco and Israel and contribute to the mutual expansion of trade, investment and technological development.

The parties also undertake to establish a channel of communication through the Bilateral Business Council to promote cooperation between the two organizations and to develop the exchange of information and experiences on the common interests of members. .. Two countries. This is especially done through the establishment of effective and systematic consultations and cooperation between the parties, especially with regard to trade and investment development policies.

It also includes exchanging information on economic subjects, laws, sectors and tourism data, especially on foreign trade, customs and monetary systems, and acting as a local focal point for the requests of members of both parties.

In addition, CGEM and IEBO will hold regular meetings to facilitate exchange of views to revise the forecasts and applications of this agreement, encouraging and rationalizing the exchange of trade delegations, B2B events and trade delegations. Prepare to visit the delegation of the other party, encourage the creation of Israeli Moroccan companies and Israeli companies in Morocco, and work in a jointly defined priority sector.

In addition, stakeholders will improve the exchange of commercial information on import and export activities, research and development, innovation and the potential for technical cooperation between the two countries through the issuance of documents on economic development, foreign trade and investment.In addition to encouraging joint economic research on potential trade opportunities between the two countries and providing a list of importers / exporters from all sectors on demand, both countries’ opportunities and policies, taxation and legislative amendments.

RAM and El Al Israel Airlines sign codeshare agreement

Royal Air Maroc (RAM) and El Al Israel Airlines signed a codeshare agreement in Tel Aviv on Monday. The ceremony was held beside the Royal Air Maroc’s first flight between Casablanca and Tel Aviv, chaired by Hamid Addou, CEO of the Moroccan company and Avigal Soreo, CEO of the Israeli company.

The first phase of the codeshares, which will come into effect today, will include direct flights between Morocco and Israel operated by two companies between Morocco and Israel.

In fact, EL AL schedules scheduled flights between Tel Aviv and Marrakech three times a week. For Royal Air Maroc, new direct flights between Casablanca and Tel Aviv initially opened four times and surged to five per week.

The agreement will give both companies more options regarding timetables and combinatorial possibilities between Malakesh, Casablanca and Tel Aviv, and the possibility of end registration will make their networks more fluid. You can link to any connection. -End-to-end passengers and baggage.

Exchange of expertise in agriculture

The work of the first Moroccan-Israel symposium on agriculture and fish farming was led by the Moroccan-Israel Chamber of Commerce (CCIMI) and took place on Wednesday in Aitomerur near Agadir. This two-day conference will be held at the Agro-Veterinary Institute (IAV) Hassan II and aims to facilitate the exchange of information and knowledge between experts from both countries. Participants in this symposium reported on the evolution of the fruit and fish and fish farming sector, prioritizing water-related issues and the use of new technologies for irrigation optimization, a key issue for this sector. .. This conclave is an opportunity to strengthen the exchange of expertise between Moroccan actors and Israeli actors in the field of agriculture.

It is specified as a scientific conference dedicated to sharing the latest refurbishment and technology related to Israel’s booming sector, agricultural research. The symposium also considered issues related to the management of water resources. Producers in the Susumasa region, which produces 85% of the Kingdom’s agricultural exports during this event, will be familiar with the new directions in this sector and explore potential R & D partnerships between universities and producers. I was able to. Identify joint opportunities with AgroTech start-ups and potential investors from Israel. Hosting this symposium is part of a new path to reopening Morocco-Israel relations and part of a strategy to revive Morocco’s post-Covid economic activity. The conference was attended by more than 250 entrepreneurs, stakeholders and representatives of companies in this sector, Moroccan and Israeli start-ups, research institutes and research institutes.