Morocco is aiming to significantly ramp up its economic ties with Kuwait, with hopes of doubling trade volume between the two nations. This ambition set the stage for a two-day economic forum held in Kuwait City, organized by the Moroccan Investment and Export Development Agency in collaboration with the Moroccan Exporters’ Confederation.
The forum brought together around thirty Moroccan business leaders representing a wide range of sectors, from agriculture and cosmetics to IT and pharmaceuticals. The gathering isn’t just symbolic—it’s a strategic push to deepen commercial relations and spark fresh partnerships. At its core, the event is designed to spotlight the economic potential both countries bring to the table and to identify real, actionable paths for collaboration.
Backed by the Kuwait Chamber of Commerce and Industry, the event reflects a broader trend of growing economic engagement between Rabat and Kuwait City. Over the past three years, Kuwaiti investments in Morocco have topped $1.5 billion, showing a clear upward trajectory. Meanwhile, bilateral trade has hit its highest levels since 2018, signaling strong momentum.
On the trade front, Moroccan exports to Kuwait have surpassed 216 million dirhams, while Kuwaiti imports to Morocco reached nearly 1.3 billion dirhams. But beyond the numbers, Morocco is banking on the broader appeal of its economic landscape to attract more investors. The country is showcasing a renewed focus on competitiveness, bolstered by its newly introduced investment charter. This framework offers tax incentives and streamlines administrative procedures to make the investment process smoother and more appealing.
A key highlight at the forum is Morocco’s preparations for the 2030 FIFA World Cup, which it will co-host with Spain and Portugal. This global event is seen as a major driver for infrastructure development, opening the door to a wave of new opportunities for both domestic and foreign investors.
As part of the forum’s agenda, Moroccan and Kuwaiti companies will take part in direct B2B meetings, alongside detailed presentations of Morocco’s export-ready products. The sectors on display are diverse—agri-food, cosmetics, textiles, IT services, and pharmaceuticals—all offering compelling entry points for Kuwaiti businesses looking to expand their footprint in Morocco or collaborate on joint ventures.
With both nations aligned on a shared vision for deeper economic cooperation, the forum marks a significant step toward transforming ambition into concrete outcomes.
