Manama - Morocco is among the most attractive Arab countries for foreign investments, owing to its legislation and stability, said secretary general of the Gulf Cooperation Council's trade arbitration center, Ahmed Najm. The GCC official noted that Morocco has conducted a series of legislative reforms and adopted incentives, particularly in the tourism sector.
Najm added, in a release published as Rabat will be hosting next April an international conference on "investments and mediation", that the Moroccan economic policy is focusing on investments through an approach based on an attractive legislation and regulating framework and is also standing out as a trade platform giving access to a market of more than one billion consumers thanks to the free trade agreements signed with the European Union, the USA, Turkey and some Arab countries.
The GCC's trade arbitration center will sign two memorandums of understanding with the Hassan II university of Casablanca and the Cadi Ayyad university of Marrakech in order to stimulate research in legal and arbitration matters.