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13 agreements signed between Morocco, Israel on innovation, high technology

13 memorandums of understanding (MoUs) were signed on Tuesday between Morocco and Israel in the fields of innovation and high-tech industry.

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13 memorandums of understanding (MoUs) were signed on Tuesday between Morocco and Israel in the fields of innovation and high-tech industry.

Within the context of boosting their relations since the normalization of their ties late 2020, the deals were the latest in efforts between Rabat and Tel Aviv.

A three-day forum in Casablanca that brought together Moroccan and Israeli leaders, private and public sectors, around the theme of technological innovation in the fields of agribusiness, water, logistics, energy and sustainable development was where the MoUs were signed.

While the aim of the forum was to explore the potential for creating technological jobs in the North African country, the primary objective of the event was building a solid foundation for business opportunities between Morocco and Israel, and enabling companies from both countries to add value to these sectors.

Morocco offers a framework conducive to innovation, Avi Hasson, CEO of Start-Up Nation Central, a non-profit group, said.

Highlighting the potential that Morocco has through its innovation ecosystem, he added, “Today we feel the desire to collaborate together for the benefit of both our countries to further transform our economies and address the common challenges that lie ahead.”

Adding that the cooperation links should be established at all levels of the public and private sectors of both countries, Hasson indicated, “We want to seal strong links between Moroccan and Israeli companies, because innovation requires first of all a broad and solid collaboration allowing interconnectivity between the different ecosystems.”

The forum also saw a pre-recorded speech of Israeli President Isaac Herzog.

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