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On Wednesday, the Mobile Area Chamber of Commerce and the American Chamber of Commerce (AmCham) in Morocco signed a memorandum of understanding (MOU) between the two organizations to work together to promote trade and business between the two organizations.
Mobile Area Chamber President & CEO Bill Sisson said about the agreement, “This opens a strong relationship between our chambers of course, but more importantly it’s a way for (Mobile area) businesses to have a gateway to business opportunity in Morocco and, in turn in the U.S. for them.”
The U.S. and Morocco have operated under a Free Trade Agreement for the last 10 years, and it’s the only country in Africa with one. The Mobile Area Chamber is in Morocco and Spain as part of an Alabama Department of Commerce-led trade mission.
The MOU reads:
This agreement is by and between:
The American Chamber of Commerce in Morocco (AmCham Morocco), a not-for-profit organization aiming at promoting the interest of its 300 members in expanding their opportunities in Morocco and the U.S. through advocacy, information, networking and business support services, an accredited organization by the U.S. Chamber of Commerce in Washington, D.C., represented by Walter Siouffi, President
Mobile Area Chamber, a member-driven, nonprofit organization with more than 2,200 members, representing more than 108,000 employees. Established in 1836, the Mobile Area Chamber is one of the nation’s oldest. The U.S. Chamber of Commerce Board of Directors awarded the Mobile Area Chamber a five-star rating, the highest given, for the third consecutive five-year period, represented by Bill Sisson, President and CEO.
Purpose of the agreement:
– Exchanging best practices between the two chambers of commerce;
– Facilitating linkages and matchmaking services for members of both chambers especially small and medium-sized companies looking to expand their business opportunities in Morocco or in Mobile, Alabama; and
– Sharing information about main events and trade shows for importers, exporters and investors.
This agreement is signed in Casablanca on March 9, 2016
Photo courtesy of U.S. Commercial Service – Birmingham (Alabama)
Mobile Area Chamber President Bill Sisson (right) shakes hands with Walter Siouffi, AmCham Morocco president following the MOU signing in Casablanca, Morocco on Wednesday, March 9.