Foreign Minister Nasser Bourita announced the creation of a new Directorate for Economic Diplomacy, positioning it as a key pillar of Morocco’s foreign policy strategy.
Speaking before the House of Representatives on Monday, Bourita stressed that Morocco is well-placed to seize global opportunities thanks to its royal vision and political stability.
The new directorate, alongside the appointment of economic attachés across Moroccan embassies, aims to mobilize the country’s diplomatic network, comprising over 110 embassies and 60 consulates, to serve national economic interests.
A government-wide plan is already underway, with a partnership agreement between the Ministry of Foreign Affairs and the Ministry of Foreign Trade set to be signed this Wednesday. Bourita emphasized the need for all actors to work in unison to better integrate Morocco’s economic players into international markets.
Addressing questions on Moroccans living abroad, Bourita reaffirmed that diaspora issues are a top priority, not a seasonal file.
He cited the King’s November 6, 2024, speech as a roadmap, calling for a renewed approach that protects identity and rights while unlocking the diaspora’s investment potential. He noted that although remittances exceed 100 billion dirhams, only 10% go toward investment, highlighting the need for targeted incentives, simplified procedures, and legal frameworks adapted to the diaspora’s needs.
The minister also revealed ongoing reforms to diaspora-focused institutions and underlined the future role of the Mohammed VI Foundation for Moroccans of the World in driving investment.
On the international front, Bourita said Morocco has signed around 7,500 agreements, two-thirds during King Mohammed VI’s reign.
The focus, he stressed, must shift from signing to implementation. Ambassadors have been instructed to actively follow up on agreements, using joint commissions and bilateral tools to ensure credibility and deliver results.
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