Possible For An American To Do Business In Morocco

The Moroccan American Business Forum become held in Fes, Morocco on May eight – 10, 2008. Over 50 attendees accumulated within the cultural and handicraft capital of Morocco to discuss the potential of international enterprise in Morocco. The discussion board become prepared by Morocco-America Link Association in cooperation with Amicitia American School.

The forum had some of professional speakers on a extensive type of business subjects as indexed beneath:

o Opening Ceremonies – Mr Thomas Riley – US Ambassador to Moroccco & the Wali & Governor of Fes.

O Business Overview in the Fes vicinity – Center of Regional Investment

o Business Modeling and Growth – Mr Bill Wimberly

o American Companies doing business in Morocco – Mr. Rick Ortiz, Commercial Consulate of US Embassy

o Best Practices of Foreign Investment in Morocco – Ahmed Belkhayat

o Global Marketing Partnering – Mr. Bruce Mazarre

o Using Technology in Business – Mr. Burt Lancaster

Throughout the discussion board, there had been a number of breakout sessions so one can facilitate discussion on key topics like real estate, Free Trade Agreement, technology, Women and Entrepreneurship, and extra. Each of these problems is very essential whilst looking at the capability of doing commercial enterprise in Morocco.

In the afternoons, the attendees visited different nearby corporations and additionally had tours of the ancient metropolis. Winding via the slim alleys of the Fes Medina, they experienced the first rate handicraft, the lovely structure, and the culture of Morocco. The visits to local factories proved to be very interesting and instilled confidence within the Americans of the level of Industry in Morocco.

Perhaps some of the maximum valuable instances have been spent across the meal tables discussing and growing relationships with neighborhood businessmen. Learning from the experience of others who have been doing commercial enterprise in Morocco, whether or not Moroccan or Americans, was treasured to those visiting Morocco for the primary time.

Is it feasible for Americans to do business in Morocco? According to Rick Ortiz, there are over one hundred twenty most important US agencies doing business in Morocco. This won’t seem to be sizable, but what this conveys to others trying to invest in Morocco, is that there may be an environment of trust and capacity business increase in Morocco. Compared to many other international locations in Africa, Morocco is calling and geared up for greater funding into their united states. The authorities is looking to Europe and the United States for ability enterprise partners, imparting some incentives for overseas X;investment.

It may be very apparent that Morocco is trying to develop inside the global market, but, there are a few worries for small commercial enterprise proprietors seeking to make investments. Before investing, one should apprehend the ideas of neighborhood taxation, repatriation of funds, employment legal guidelines, etc… How do you locate the solutions to those questions? The Center of Regional Investment gives a “one stop store” for the ones seeking to invest and the introduction of latest agencies.