The trade and investment opportunities between Sri Lanka and Morocco have great potential to grow further, said Minister of Sports and Provincial Councils and Local Government, Faiszer Mustapha. He said that this factor needs to be harnessed by both countries.
“At present trade balance is in favor of Morocco and more steps should be taken to promote more Sri Lankan exports to Morocco,” said Minister Mustapha addressing the 19th anniversary of the enthronement of King Mohammed V1 Kingdom of Morocco, at Galle Face Hotel recently.
Minister who was the chief guest at the event said that Sri Lanka and Morocco relationship goes back to centuries, trade and investment and diplomatic relationships between the two countries have improved during this government. The ambassador of the Kingdom of Morocco to India and Sri Lanka, Mohomed Maliki addressing the gathering said that Sri Lanka is an important country for Morocco because it is now fast developing nation in the Indian subcontinent. He also said that he want to develop bilateral trade and investments between the two countries, which they have already laid the foundation for it.
The honorary Consul of Kingdom of Morocco to Sri Lanka, Ashan Refai said that since both counties have a long history of bilateral relations it could help to enhance trade and investment between the two countries.
Refai also said that he has plans to attract up market tourist into Sri Lanka because Morocco is a middle income country in the region. Several Ministers, Ambassadors from different countries, business heads and several distinguished personnel attended the event.