Morocco and Israel signed, today Wednesday, a memorandum of agreement to arrange for investment in the aviation industry in the Kingdom, following the signature of a memorandum of agreement on military and security cooperation four months ago during the first visit of Israeli Defense Minister Benny Gantz.
The Minister of Industry and Trade, Riyad Mazur, director of the Israel Aerospace Industries Company, and former Israeli Defense Minister Amir Peretz, attended the agreement’s signing ceremony in the Moroccan capital Rabat.
In this regard, Amir Peretz, general director of the Israel Aerospace Industries Company, stated in Moroccan Dialect Darija, “I am proud of my homeland, Morocco, because I was born here in the city of Abu al-Jaad.
Peretz welcomed the “Distinguished economic partnership between Morocco and Israel,” pledging to work on transferring high-precision focused technologies in the aviation and aerospace fields to the Kingdom and stating to the press that “I see we have a good future.”
On the same occasion, the Israeli official thanked King Mohammed VI, adding that “We aspire to open important cooperation channels, especially in aviation, technology, and space fields.” The official stressed that “the partnership with Morocco will be strengthened in the upcoming years.”
Minister of Industry and Trade Riad Mazur said from his part that “this agreement signed today will be a cornerstone in strengthening the economic partnership between Tel Aviv and Rabat,” noting that “this is a first step on the road to strategic cooperation.”
Mazur stated to the press on the sidelines of the signing ceremony that “The Israeli company specializing in aerospace and aerospace industries is a leading company with strong industrial pillars,” adding, “We are honored by their interest in our industrial environment in Morocco.”
The official added that “Israel and Morocco are now entering a new phase of strategic and economic cooperation,” underlining that “this stage is characterized by the exchange of experiences and common values to serve the interests of both countries.”
addressing Israeli officials, the minister noted, “Your success is our success, and we will fight for the success of this distinguished partnership,” emphasizing that “the confidence of partners is important to us.”
Mazur underlined that the aerospace company is “Honored to be chaired by Mr. Peretz who is Moroccan,” adding that Peretz “Came to Morocco, his homeland, to contribute to the economic and industrial development of our country.”
The Israeli Aerospace Industries Company, which specializes in the production of air systems for military and civilian use, aims to implement several investment projects in the aerospace industry in Morocco.
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