This achievement represents a new asset for the attractiveness of Morocco in terms of foreign investment and support for Moroccan companies to establish economic partnerships with their European counterparts in the rules of good governance, notes the statement.

"The CGEM welcomes the decision of the European Union (EU) to permanently remove Morocco from the list of non-cooperative jurisdictions for tax purposes, which recognizes the efforts made by the Kingdom, since 2018 on the various Finance Laws, to comply with the rules of international taxation," stresses the same source.

Marking Morocco's commitment to contribute to fiscal transparency at the global level, the CGEM emphasizes that this decision will also open the doors to the national economy to develop according to international standards.