An economic mission headed by Hereditary Grand Duke of Luxembourg, accompanied by the Hereditary Grand Duchess and including Deputy Prime Minister, Minister of Economy, Stephen Schneider will visit Morocco and Tunisia from April 27 to 30, 2015, according to a statement from the Luxembourg Ministry of Economy.
The delegation includes sixty representatives of 40 companies from several sectors of the Luxembourg economy, including the information and communication technology sector and environmental technologies.
The main objectives of this mission include the search for new business opportunities and strengthening existing economic relations with these two countries.
To this end, formal meetings will be held with political representatives and leaders of Moroccan and Tunisian companies.
Organized by the Chamber of Commerce in collaboration with local partners, economic seminars will take place in Casablanca and Tunis. They will provide an opportunity to Luxembourg companies to build contact or deepen their business relationships with local companies.
The markets of the two countries represent opportunities for Luxembourg. Considered a hub for the African continent, Morocco is characterized by economic development supported by various sectoral strategies covering both the modernization of traditional sectors (agriculture, fishing and mining) and the development of promising sectors ( renewable energy, logistics and ICT).
The European Union is the largest trading partner of Tunisia covering more than half of the country’s trade.
While accelerating structural and institutional reforms, Tunisia aims to revitalize its growth in the context of the global economic recovery.