Qatar Chamber first vice chairman Mohamed bin Towar al-Kuwari held a meeting yesterday with a delegation from Morocco’s National Federation of Electricity, Electronics and Renewable Energy (FENELEC), headed by its president Ali al-Harithi.
The meeting was attended by Qatar Chamber second vice chairman Rashid bin Hamad al-Athba, board member Shaheen bin Mohammed al-Mohannadi, and Qatari-Moroccan Joint Business Council vice chairman Ismail Ali Iskandar al-Ansari.
The meeting discussed ways to strengthen trade and economic cooperation between Qatar and Morocco, enhance collaboration between the Qatar Chamber and FENELEC, and promote the role of the private sector in stimulating trade and investment exchange.
During the meeting, al-Kuwari affirmed that the Qatari business community is keen to learn about the investment opportunities available in Morocco, establish economic partnerships with Moroccan companies, and benefit from the advantages and incentives that Morocco offers to investors.
Al-Kuwari noted that the trade exchange between the two countries amounted to about QR988mn in 2024, highlighting the mutual desire to increase this through the establishment of effective partnerships and business alliances.
He affirmed Qatar Chamber’s support for all efforts aimed at strengthening cooperation between the Qatari and Moroccan private sectors, as well as its encouragement and support for Moroccan investors seeking to enter the Qatari market.
In turn, al-Harthi lauded the deep, fraternal relations between Qatar and Morocco at all levels and the importance of strengthening trade ties, particularly between the private sectors of both countries. He noted that Qatar possesses significant capabilities that encourage Moroccan companies to invest in the Qatari market. He further indicated that the Moroccan market is competitive and serves as a gateway to the African continent, welcoming Qatari investments.
Al-Harthi invited Qatari companies to explore investment opportunities in Morocco’s electricity, electronics, and renewable energy sectors, whether through partnerships with Moroccan firms or within the framework of public-private partnerships. He explained that the battery industry is among the leading sectors in Morocco, with exports to European, American, and African markets.
Al-Athba, meanwhile, stressed the importance of Qatari-Moroccan trade partnerships and reaffirmed the chamber’s support for the establishment and expansion of these alliances, highlighting the pivotal role of the Qatari-Moroccan Business Council in developing trade relations between the two countries.
