Morocco-Israel: Economic cooperation in accelerated mode

While in Tel-Aviv the first Economic Forum between the two countries met, in Morocco, in Aït Melloul, a symposium was held during which the two parties exchanged their experiences in agricultural matters.

During its last meeting, Thursday March 17, the government council took note of a draft law relating to the implementation of the economic and trade agreement signed with Israel on February 21. This Bill 18.22, once adopted by Parliament, will constitute the legal framework for this cooperation between the two countries. The agreement in question, let us recall, relates, among other things, to the creation of “Qualified Industrial Zones” in Morocco. Which zones will make it possible to concretize the Morocco-Israel-United States tripartite cooperation in the field of trade and investment and to facilitate the direct access of the goods produced in these Zones to the American market. A few days before the meeting of this government council, the Moroccan and Israeli employers began to set up channels of cooperation between the private sectors of the two countries. It was on the sidelines of the first Israel-Morocco Economic Forum organized in Israel by the CGEM and the Israeli Business and Employers Association (IEBO). The Israel-Morocco Economic Forum saw the participation of 80 Moroccan companies and more than 300 Israeli companies operating in different sectors such as agriculture, industry, health, education, renewable energies and water. On this occasion, the two parties proceeded to the signing, in Tel Aviv, of a strategic partnership agreement. Under this agreement, concluded by Chakib Alj, president of CGEM, Ron Tomer, president of IEBO and Manufactures Association of Israel and Uriel Lynn, president of the Federation of Israeli Chambers of Commerce – FICC), stakeholders will continue an open dialogue between CGEM and IEBO to explore important topics regarding relations between Morocco and Israel, and contribute to the reciprocal expansion of trade, investment and the development of technology.

The two parties also undertake to establish a channel of communication through a bilateral business council in order to promote cooperation between the two organizations and develop the exchange of information and experience on issues of common interest to members. respectively for the promotion of business development of the two countries. This will be done in particular through the establishment of effective and systematic consultation and cooperation between the parties, particularly on trade and investment development policies.

It also involves exchanging information on economic subjects, legislation, sectoral and tourist data, in particular foreign trade, the customs and currency system and serving as local focal points for members’ requests. of both parties.

In addition, the CGEM and IEBO undertake to hold regular meetings to facilitate the exchange of views in order to revise the forecasts and application of this agreement, to encourage the exchange of trade missions, B2B events and trade missions, provide support to business missions of visiting delegations of the other party with reasonable preparation, as well as encourage the creation of Moroccan companies in Israel and Israeli companies in Morocco, operating in the priority sectors, which will be jointly defined.

In addition, the parties concerned will improve the exchange of commercial information on import and export activities, on research and development, on innovation and the possibilities of technological cooperation between the two countries, through the publication of documents concerning economic development, foreign trade and investment opportunities and policies, taxation and legislative changes of the two countries, in addition to encouraging a joint economic study on potential trade opportunities between the two countries and provide lists of importers/exporters from all sectors as requested

RAM and El Al Israel Airlines sign codeshare agreement

Royal Air Maroc (RAM) and El Al Israel Airlines signed a Code Share agreement on Monday in Tel Aviv. This ceremony, organized on the sidelines of Royal Air Maroc’s inaugural flight between Casablanca and Tel Aviv, was chaired by Hamid Addou, CEO of the Moroccan company and Avigal Soreo, CEO of the Israeli company.

The code sharing, effective today, will include, in a first phase, direct flights between Morocco and Israel operated by the two companies between Morocco and Israel.

Indeed, EL AL schedules regular flights between Tel Aviv and Marrakech at the rate of three rotations per week. As for Royal Air Maroc, it has just inaugurated its new direct air route linking Casablanca to Tel Aviv with four frequencies initially, to quickly increase to five flights per week.

This agreement will make it possible to offer the customers of the two companies more options in terms of timetables and combinability between Marrakech, Casablanca and Tel Aviv and will link the networks of the two companies with more fluid connections thanks to the possibility of registration of end-to-end passengers and baggage.

Exchange of expertise in the agricultural field

The work of the first Morocco-Israel Symposium on agriculture and fish farming opened on Wednesday in Aït Melloul, near Agadir, at the initiative of the Morocco-Israel Chamber of Commerce and Industry (CCIMI). Organized at the Agro-Veterinary Institute (IAV) Hassan II, this two-day meeting aims to facilitate the exchange of information and knowledge between professionals from the two countries. The participants in this symposium reported on the evolution of the fruit and vegetable and fish farming sector and addressed in priority the problem related to water and the use of new technologies for the optimization of irrigation, vital issue for the sector. This conclave is an opportunity to strengthen the exchange of expertise between Moroccan actors and their Israeli counterparts in the agricultural field.

It is, it is specified, a scientific meeting dedicated to sharing the latest renovations and technologies related to agricultural research, a booming sector in Israel. This symposium also examined the challenges relating to the management of water resources. During this event, producers from the Souss-Massa region, where 85% of the Kingdom’s agricultural exports come from, were able to familiarize themselves with the new orientations of the sector, explore potential partnerships in research and development, between universities and producers, and identify joint opportunities with Agro Tech start-ups and potential investors from Israel. The organization of this symposium is part of the new line of resumption of relations between Morocco and Israel, as well as the strategy to revive economic activity in post-Covid Morocco. This meeting was attended by more than 250 entrepreneurs, officials and representatives of companies in the sector, start-ups, laboratories and research institutes from Morocco and Israel.

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