Business Europe, CGEM and EuroCham Morocco adopted a joint statement on September 21st, which calls for a modernization of the framework of EU-Morocco trade and investment relations.

This modernization will unleash the unexplored economic potential of the EU-Morocco partnership to support an effective and sustainable post-pandemic economic recovery.

Through this agreement, the three bodies are also calling for "a Morocco-EU free trade area," which they see as a "strategic necessity" to further foster integrated and sustainable supply chains, build a digital economy, and support small and medium-sized enterprises affected by the Covid-19 pandemic.

The visit of the President of the CGEM to Brussels was also marked by meetings with EU high-level officials, including Olivér Varhelyi, European Commissioner for Neighborhood, as well as MEPs Nathalie Loiseau, President of the Security and Defense Commission at the European Parliament, and Andrey Kovatchev, Vice-President of the EPP Group.

Discussions focused on the means to inject new momentum into Morocco-EU economic relations through, in particular, improving the business climate, promoting green investment, facilitating transport, trade in services and movement of professionals and goods.