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February 4, 2023
BUSINESS

CCIR invites Moroccan business people to start up companies in Romania

Morocco could see Romania as a bridgehead to Central and Eastern Europe, while the commercial companies started up in Romania by Moroccan business people are seen as part of the European Union, Chairman of Romania’s Chamber of Commerce and Industry (CCIR) Mihai Daraban told a meeting with Moroccan investors on Wednesday.
‘I am inviting you to start up commercial companies in Romania because any Romanian legal entity automatically becomes a legal entity of the European Union. In that respect, CCIR pledges to be your business partner. If we talk about trade between Romania and Morocco, the seaways are the consecrated routes for it. It takes just seven days of sailing from Tangier to Constanta. The Constanta Port is also the largest Black Sea port, providing an opportunity for Moroccan goods to reach other landlocked countries, such as Serbia, Hungary, Slovakia and Austria,’ said Daraban.
Romania’s Chamber of Commerce and Industry held a working meeting of representatives of Romania and Morocco’s chamber system. The meeting was the outcome of talks between Romania’s Ministry of the Economy and the Moroccan Government to identify opportunities to boost bilateral economic cooperation and develop partnerships in sectors of common interest.
‘Among the fields of interest for boosted bilateral economic cooperation that we discussed with our Romanian partners are consolidation of bilateral collaboration in the area of Dacia automobile manufacturing, cooperation in the areas of electricity generation, transmission and distribution, deep drilling oil equipment, IT, aeronautics and shipbuilding,’ said Deputy Chairman of the Federation of Morocco’s Chambers of Commerce Ouzza Mohamed.
According to officials of the Federation of Morocco’s Chambers of Commerce, Morocco provides some opportunities for the implementation of projects in areas such as seaport and airport infrastructure, green power (sun and wind power), electrification, water treatment and pumping systems, automotive components, agriculture, agrifood processing and tourism.
Trade between Romania and Morocco was exceeding 647 million US dollars as of late 2013, up 32 per cent from 2012, 524.92 million worth of Romanian exports and 112.63 million worth.

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