The two officials discussed ways to strengthen joint economic relations and enhance trade across various sectors. The discussion also covered several topics of mutual interest at both the bilateral and regional levels.
El-Khatib affirmed the strong and historical ties between
Egypt and Morocco, emphasizing the need to advance economic cooperation to meet
the aspirations of both nations. He stressed the importance of creating a
balanced trade relationship that benefits both the Egyptian and Moroccan economies,
highlighting that increased investment cooperation will contribute to economic
integration and trade balance.
El-Khatib also outlined Egypt’s plan to boost trade with
African countries by establishing six logistical hubs for Egyptian products in
key African nations. This initiative aims to improve logistical transport
between Egypt and the rest of the continent. He noted that Morocco is a crucial
potential hub for Egyptian products in North and West Africa, leveraging its
strong presence in West African countries to facilitate Egyptian exports to
those markets.
According to El-Khatib, the meeting underscored the
importance of joint efforts to balance the trade scales, create more jobs, and
protect domestic industries in both countries.
For his part, Hejira reiterated Morocco’s commitment to
strengthening economic cooperation with Egypt for the benefit of both their
economies and peoples. He emphasized the need for Arab nations to unite their
efforts to address global economic changes, and stressed the importance of
enhancing economic cooperation with Egypt to take advantage of its significant
economic potential.
Hejira also highlighted the importance of industrial
integration, particularly in the automotive and textiles sectors.
The meeting also addressed preparations for the upcoming
Egyptian-Moroccan Joint Trade Committee meetings, scheduled to be held in
Marrakesh this December. The event will include a ministerial meeting, a
business forum, and a product exhibition.
Both sides emphasized the importance of leveraging available investment and export opportunities in both countries and translating them into investment partnerships that contribute to economic integration between the two nations.