Due to the chain or legislative reforms and adopted incentives of Morocco specifically in tourism sector, according to the secretary general of the Gulf Cooperation Council’s Trade Arbitration Center, Morocco among other Arab countries is now being seen as top at most attractive for foreign investors.
The consistency and legislation are the two important factors which made Morocco to be the top most among other countries. In fact, this coming April there will be a conference to be hosted by Rabat entitled “Investments and Mediation”.
Thus, Moroccan economic policy is concentrating on the investments. They would like to apply an approach on which will depend on the most compelling legislation and regulation. It has been proven that the strategy is gaining more market or approximately one billion number of consumers, which a good indebt to the trade agreements that has been signed together with some Arab countries, USA, Turkey, the European Union.
On this matter, there will be a signing of memorandums of understanding that will happen soon involving the GCC’s trade arbitration, Cadi Ayyad University of Marrakech and Hassan II University which is going to be about arbitration and legal affairs.