Mohamed Ait Bouseham, Chairman of Gulf Invest, on the sidelines of the GCC Chamber of Commerce road show at Beitul Tajjar, said that the Fund being set up by Bank Agricole would open up new avenues for the development of the agriculture sector.
The GCC Chambers is currently conducting road shows for upcoming 3rd Gulf Invest Forum from May 6-8, 2013 and Bahrain was one of the destinations where the Moroccan delegation during a meeting highlighted the importance of the existing ties between GCC and Morocco.
The Moroccan Ambassador in Bahrain Ahmed Rachid Khattabi said that the historic ties with GCC countries would be further strengthened by exploring new avenues of mutual co-operation in all vital areas.
Bassil Awami from GCC Chambers said that the road show would help in creating awareness among the members of the GCC Chambers and said that GCC-Morocco trade stood at $3billion in 2009. The upcoming forum, Bassil said, will help to bring the private sectors of GCC and Morocco together and also open a new window of opportunity for two way co-operation.
Earlier, the BCCI board chairman Dr. Essam Abdulla Fakhro also held talks with Ahmed Rashid Khatabi at Beit Al-Tejjar, who extended invitation to BCCI to participate in the joint GCC-Moroccan event is scheduled to be held in Tangier in May 2013.
Dr. Fakhro stressed the importance of taking part in the upcoming investment symposium and exhibition to promote joint economic relations and build a strategic partnership.
The Moroccan diplomat hailed deep-rooted political and economic relations bonding his country and Bahrain.
He expressed the hope that the upcoming forum and exhibition would contribute in exploring further investment opportunities to optimize growth dividends.