Morocco Reaffirms Will to Develop Bilateral Relations with Japan, Head of Govt.

Rabat – The head of government Saad Dine El Otmani affirmed, Monday in Rabat, the will of the Kingdom to develop its bilateral relations with Japan, especially after the holding in January of the 5th session of the Morocco-Japan Joint Commission, which resulted in the signing of two important agreements aimed at supporting and protecting investment and non-double taxation.

A statement from the Head of Government’s department said that El Otmani underlined, in a meeting with Japanese Deputy Minister for Foreign Affairs Shinichi Nakatani, who is leading a delegation of officials from the public and private sectors in Japan, Morocco’s will to develop and diversify its economic and investment partnerships with several countries including Japan, highlighting efforts made by the Kingdom for improving the business climate and strengthening an encouraging environment with a view to attracting investment.

In this regard, the head of government stressed during this meeting, held in the presence in particular of the representative of the private sector in Japan Fukushima, the tangible progress of Morocco in terms of improving the business climate in order to join the top 50 in 2021, recalling the achievements made in terms of infrastructure and the setting up of a business climate favorable to national and foreign investment, said the same source.

El Otmani also affirmed the importance of the development of relations between Morocco and Japan, and with other friendly and brotherly countries of Africa, deeming that the visit of the Japanese delegation constitutes a “qualitative leap” in Moroccan-Japanese relations.

For his part, Shinichi Nakatani said he was “happy” to participate in the effective implementation of the recently signed bilateral agreements, explaining that no less than 70 Japanese companies are investing in Morocco. He also stressed the “promising prospects” to attract more Japanese investors to Morocco, especially in port and logistics activities, the statement added.

The Japanese official lauded efforts made by HM King Mohammed VI, as well as the achievements of the Kingdom in various fields, which encourage businessmen to choose Morocco as a hot investment destination, the statement concluded.

Source: Agency Morocaine De Presse