Rabat: Thanks to its strategic geographical position, stable political environment, dynamic economy, and solid infrastructure, in addition to its proximity to Europe, Morocco is establishing itself as the gateway par excellence to the African continent, the Irish agency points out in a report.

According to Agence Marocaine De Presse, building on the remarkable progress it has made in recent decades in terms of economic and human development, Morocco offers vast opportunities in areas as diverse as renewable energy, the aerospace industry, the automotive industry, agritech, education, and digital innovation.

In its report, featuring figures and photos that show the development achieved by the Kingdom under the leadership of His Majesty King Mohammed VI, the Irish agency highlights the positive trajectory of Moroccan-Irish economic and trade relations in recent years.

In its overview of the Moroccan economy and the advantages it offers to investors, the Irish agency noted that while other countries in the region face customs duties of 28 to 30% from the United States, “Morocco is a notable exception, with reduced customs duties of 10%.”

“Irish exports to Morocco are increasing,” the agency notes in its report, which sheds light on the business climate in Morocco and the advantages the Kingdom offers, particularly in emerging high value-added sectors.

“Morocco’s development objectives are perfectly aligned with Ireland’s strengths, making it a promising destination for long-term trade and investment,” the Irish agency further emphasizes.

“Recent figures illustrate the strong trade links between Ireland and Morocco, with strong annual growth of +15% in 2024,” said Stephen Twomey, Director of the Middle East/North Africa (MENA) region at EI, listing aviation, education, engineering, and construction among the key sectors in Morocco.

Ireland’s ambassador to Morocco, James McIntyre, stressed that the strength of relations between Morocco and Ireland and the Kingdom’s growing role at the regional and global levels explain the Irish government’s decision to open an embassy in Morocco.

In this context, he pointed to “the rapid growth and dynamism of the Moroccan economy, on Europe’s doorstep and as an increasingly important hub for business on the African continent, at a time when we are actively seeking to diversify opportunities for our companies exporting internationally.”