Strategic Investments

France remains Morocco’s leading trading partner and a key investor in the Kingdom, accounting for around 31% of foreign direct investment (FDI) flows. During this visit, new agreements were signed, targeting strategic sectors such as automotive, aeronautics and renewable energy. Trade between the two countries, estimated at €10 billion in 2022, is expected to grow by 20% over the next five years thanks to these commitments. For Morocco, these foreign investments are vital for its economic development and its goal of attracting more foreign operators.

Renewable Energies

France has announced a commitment of 500 million euros for the development of energy infrastructure in Morocco, particularly in solar and wind power. This support meets the Kingdom’s ambitions to produce 52% of its energy from renewable sources by 2030, while benefiting from French know-how and technological innovation.

Infrastructure and Transport

A key project discussed during this visit is the high-speed rail line (LGV) linking Marrakech to Agadir, estimated at 3 billion euros. This investment will allow Morocco to strengthen its transport infrastructure, crucial for its economic development and its role as a regional hub, while offering French companies an opportunity to contribute to this major project.

Recognition of Sovereignty over the Sahara

A highlight of this visit is the affirmation of French support for Moroccan sovereignty over the Sahara, a far-reaching diplomatic recognition for the Kingdom. This consolidates Morocco’s position on the international scene and strengthens its territorial legitimacy. This French support gives the Kingdom greater stability in the face of regional issues and constitutes a strategic lever in international negotiations.

Security Cooperation

Strengthening security cooperation, particularly in the fight against terrorism, was highlighted. Morocco, considered a pivotal player in the Mediterranean and Sahel region, offers France enhanced collaboration to stabilize the region, a crucial issue for both countries.

Support for the Technology Sector

France has committed to investing 150 million euros to support Moroccan start-ups and strengthen Morocco’s role as a technology hub in Africa. This partnership in innovation allows for a transfer of skills and technologies, stimulating the start-up ecosystem and promoting entrepreneurship.

Moroccan Strategy of Opening to Several Partners

Morocco has clearly emphasized its requirement for a “win-win” approach in its relations with France. This strategy aims to ensure that both parties derive equitable benefits from their collaboration. In addition, the Kingdom adopts a policy of diversifying its international partnerships, including not only France but also other major economic players such as China, the United States and the Gulf countries. This approach allows Morocco to strengthen its economic resilience and expand its cooperation opportunities.

For Morocco:

• • Diplomatic support with the recognition of the Moroccan Sahara.
  • Strengthening French investments, creating thousands of jobs and stimulating economic development.
  • Leading energy and technology partnership.

For France:

• • Increased access to African markets via Morocco, considered a strategic gateway.
  • Stability and security with a reliable partner in an unstable region.
  • New business opportunities in key sectors such as energy and infrastructure.

President Emmanuel Macron’s visit aided the foundations for sustainable and mutually beneficial cooperation between Morocco and France. While the convergence of economic and political interests is clear, it is also essential to anchor this partnership in a balanced approach that respects the priorities of each country. By diversifying its alliances, Morocco reaffirms its ambition to become a major player on the international scene, while France consolidates its position as a key partner in the region. A win-win strategy that can only strengthen the ties between the two nations.