The General Confederation of Moroccan Enterprises (CGEM) and the Canada-Africa Chamber of Commerce decided, following a meeting held last Wednesday in Toronto, to strengthen their cooperation with a view to developing bilateral economic relations.
A letter of partnership agreement has been signed to this effect, in virtual mode, between the president of the CGEM, Chakib Alj, and the president of the Canada-Africa Chamber of Commerce, Garreth Bloor.
The meeting, held at the headquarters of the Consulate General of the Kingdom in Toronto, is part of a working and contact tour between the CGEM represented by the Morocco-Canada Business Council, and economic organizations in this city in the province of Ontario, reports MAP.
The meeting was attended by the President of the said Council, Rafik Kamal Lahlou, the President of the Canadian Council on Africa, Nola Kianza, the President of the Canada-Africa Chamber of Commerce in Toronto, Garreth Bloor, and the President of the Organization Casa Foundation, Olutoyin Oyelade.
Several Moroccan-Canadian businessmen and investors among the members of the Moroccan Jewish and Muslim diaspora in Toronto attended this meeting. According to a press release from the Consulate General of Morocco in Toronto, the meeting focused in particular on examining avenues for cooperation, methods of interaction between the various institutions and means of contributing to the development of an institutional framework to stimulate exchanges. , learn from each other’s experiences and foster fruitful and mutually beneficial cooperation.
On this occasion, the Consul General of Morocco in Toronto, Rachid Zein, welcomed the commitment of the various parties to combine their efforts in order to take advantage of the favorable business climate offered by Morocco, as well as the potential for investment and incentives put in place to support and promote foreign investment both in the Kingdom and in Africa.
The participants agreed to organize, next year, a trade mission to Morocco in favor of Canadian economic actors and businessmen.
Founded in 1994, the Canada-Africa Chamber of Commerce is based in Toronto with members located across Canada and different African countries. It aims to encourage trade, business and investment between Canada and Africa through, in particular, opportunities for networking and information sharing.