AmCham signs a memorandum of understanding with Mobile Area Chamber of Commerce

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On March 9th The Mobile Area Chamber of Commerce and the American chamber of commerce In Morocco signed a memorandum of understanding to promote trade and build mutually beneficial business connections between the state of Alabama and Morocco.

The trade memo was announced at a press conference organized by the U.S. Commercial Service under the auspices of the U.S. Consulate in Casablanca.

Bill Sisson, president and CEO of the Mobile Area Chamber, said the memo formalizes an agreement between the two organizations to collaborate on trade and business promotion to benefit their members.

Hilda Lockhart, director of the Commerce Department’s International Trade Division, said there is a significant opportunity to expand trade between the state of Alabama and Morocco (…) we are being so well received and there is great interest in why we are here. It is an exciting time to have our companies meet face to face with so many great opportunities.”

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Alabama Commerce Sec. Greg Canfield spoke in Casablanca on the trade memo between Mobile and AmCham Morocco, “There are significant areas of overlap in key sectors of the economies of both Alabama and Morocco – particularly aerospace, automotive, chemicals and food products – that provides us with a foundation to strengthen our relationship”

The delegation included seven U.S. companies as well as representatives from the University of Alabama who stressed that Morocco has a lot to offer to investors in many industries. During their stay, the delegates explored the opportunities Morocco has to offer through B2B meetings between U.S. and Moroccan companies operating in many sectors, like textiles, infrastructure, security and energy.