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Israeli business leaders expect surge in trade with Morocco

Morocco hopes to replicate, and even exceed, Israel-UAE business ties.
Bahrain's Foreign Minister Abdullatif bin Rashid Al Zayani, Egypt's Foreign Minister Sameh Shoukry, Israel's Foreign Minister Yair Lapid, US Secretary of State Antony Blinken, Morocco's Foreign Minister Nasser Bourita and United Arab Emirates' Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan, pose for a group photo following their Negev meeting in the kibbutz of Sde Boker, Israel, March 28, 2022.

The Abraham Accords has led to growth in economic and business ties between Israel and the United Arab Emirates (UAE). Now Morocco wants in on that, too. Two large delegations from Morocco arrived in Israel over the last few weeks. These included several dozen heads of major companies, businessmen, high-tech entrepreneurs and investors. At the same time, an Israeli delegation from the Israel Export Institute, the Chamber of Commerce and the Israel Industrialists Union set off for Casablanca March 29, for a four-day visit.

One of the two Moroccan delegations — the General Confederation of Businesses of Morocco — came to Israel March 13 for a special three-day event. At this conference of business leaders, the two countries signed an agreement to improve economic cooperation between Israel and Moroccan companies, which included the expansion of business infrastructures between the two countries.

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