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Kingdom seeks more investment in Morocco
Published in The Saudi Gazette on 13 - 02 - 2011

MOROCCO: Saudi Foreign Minister Prince Saud Al-Faisal underlined the need for Morocco and Saudi Arabia to create a climate propitious for the private sector to benefit from investment opportunities, create jobs and improve the living conditions of the two countries' peoples.
In a speech at the opening of 11th Moroccan-Saudi Joint Commission, co-chaired by Prince Saud Al-Faisal and his Moroccan counterpart Taïb Fassi Fihri, the Saudi minister said the private sector is the cornerstone of development.
The meeting takes great interest in the vision of Moroccan and Saudi businessmen regarding the promotion of trade and investment between the two kingdoms, he added.
He hoped that this Joint Commission would be an occasion to exchange viewpoints and proposals to enhance bilateral trade and investment. He proposed holding regular instead of yearly meetings between the presidents of the preparatory commission and the Moroccan-Saudi businessmen council to follow up the implementation of recommendations and bilateral agreements
The holding of the Joint Commission, with the participation of the private sector, mirrors the solidity of ties between the two countries


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