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Duke Of York arrives in Morocco for trade promotion
Morocco-UK, Economics, 3/16/2004
The Duke of York arrived, in Casablanca Monday, on a three-day official visit to Morocco during which he will have talks with several senior Moroccan officials, leading members of the business community and British companies established in Morocco.
This visit coincides with a United Kingdom trade mission in Morocco, organised by the South East of England Exporters Association (SEEA). It also comes in the context of ongoing efforts to boost the growing political and economic partnership between the UK and Morocco.
The visit by the Duke of York, who is the second son and third child of the Queen, follows last February's visit to Morocco of Mike O'Brien, Foreign and commonwealth Office Trade Minister.
The Duke of York has taken up in 2001 a new role as Special Representative for International Trade and Investment, working in support of UK Trade and Investment, the government body which supports UK companies trading internationally and which encourages foreign investment.
Morocco is becoming an increasingly important market for British companies looking to expand overseas, while Moroccan companies are taking more and more interest in the British market and British goods and services.
Morocco is now UK's fastest growing market in the Maghreb, said, last week, the British embassy in a press release announcing this visit.
The UK is Morocco's third largest export market. It was rated sixth largest investor in Morocco over the period 1992-2002. 50% of two-way trade is generated by the textile sector and some 30,000 Moroccans working in 150 factories directly work for the UK textile industry.
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