Mr. Mohamed BENCHAABOUN, Minister of Economy and Finance, received on Monday, September 23rd 2019 in Rabat, the Hereditary Grand Duke of Luxembourg, HRH Prince Guillaume and his wife HRH Princess Stephanie de Lannoy.
During this
meeting, HRH the Prince Guillaume welcomed Morocco’s efforts in the
field of digitalization, stressing that the Luxembourg is heading
towards a digital economy. He asserted that bilateral cooperation will
thus enable to address the common challenges and meet a shared vision,
underlying that Morocco is seen as a gateway to Africa. In this respect,
HRH Prince Guillaume noted that the current high-level economic mission
to Morocco focuses mainly on the digitalization and logistic sectors.
As
for the Minister of Economy and Finance, the main priority of Morocco
is investment in infrastructure. He highlighted measures implemented by
the Kingdom to support its sector-based programs, like Green Morocco
Plan and industrial acceleration to enhance the competitiveness of
Moroccan economy. It thus was noted that Morocco achieved sustainable
growth levels and maintain macroeconomic balances while having the
confidence of donors. Debates on a new development model able to meet
the social needs of citizens and fight against territorial disparities,
were also stressed, pointing out that Morocco is currently focusing on
human capital. Finally, the Minister stated that the Kingdom, under the
high guidance of HM King Mohammed VI, is distinguished by a very strong
stability thanks to several reforms in various sectors.
On
the other hand, the Deputy Prime Minister of Luxembourg, Minister of
Economy, Mr. Etienne Schneider, asserted that this visit is a
continuation of a previous economic mission, in April 2015, which main
objective was to strengthen economic links with Morocco.
Having
described the diplomatic and political relations between the two
countries as "excellent", Mr. Schneider called for further strengthening
bilateral economic relations. He assured that Morocco is among the
first countries to adopt a digital strategy and added that numerous
opportunities are offered to both countries in the fields of new
technologies and logistics. Finally, Mr. Schneider called for
implementing the tax agreement signed in 2013 between Morocco and
Luxembourg .