Said El Mansour Cherkaoui Ph.D.

  

Senior Business Strategist and Policy Adviser ★ News Executive Editor ★ Public Speaker ★ Talks about #madeinmorocco, #morocco, #usa, #africa, #worldeconomy, #investment, #trade, #business, #economics, #technology …

Talks about #usa, #china, #africa, #europe, and #consulting

Talks about #usa, #china, #africa, #europe, and #consulting

• TRI CONSULTING KYOTO – TRI CK USA – Visit TRIConsultingKyoto Site
• Université Sorbonne Nouvelle (Paris III)

San Francisco Bay Area  Contact info

• 2,536 followers 
• 500+ connections

Bilateral Economic Relations

Total bilateral trade in goods between the United States and Egypt stood at $9.1 billion in 2021, the highest level ever. Egypt is the United States’ largest export market in Africa.

U.S. exports to Egypt include wheat and corn, mineral fuel and oil, machinery, aircraft, and iron and steel products.

U.S. imports from Egypt include apparel, natural gas and oil, fertilizers, textiles, and agricultural products. Under the Qualifying Industrial Zone agreement, the United States waives duties on imports from Egypt if the value includes 10.5% Israeli content; this program promotes stronger ties between the region’s peace partners.

In 2022, the U.S. had a goods trade surplus of $3.6 billion with Egypt, a 40.2 percent increase from 2021. U.S. goods imports from Egypt totaled $2.8 billion, down 15.3 percent from 2021. Egyptian exports to the U.S. were $3.2 billion, an increase of 35.5 percent from 2020. 

U.S. exports to Egypt include: Agricultural goods, Transportation equipment, Chemicals, Machinery, Computer and electronic products. 

Egypt’s top imports include: Refined petroleum, Wheat, Cars, Crude petroleum, Corn. 

Egypt imports mostly from: China, Saudi Arabia, the United States, Russia, and Turkey. 

Egypt’s top exports include: 

• Oil & mineral fuels
• Plastics
• Electrical machinery
• Iron & steel

Egypt and the United States signed a Bilateral Investment Treaty in 1986 to promote and facilitate investment between our countries. Egypt and the United States have signed a trade and investment framework agreement, a step toward creating freer trade and increasing investment flows.

American firms are active in most sectors of the Egyptian economy, including oil and gas exploration and production, renewable energy technologies, financial services, manufacturing, construction, telecommunications and information technology, and the restaurant and hospitality industry.

Flows of U.S. direct investment to Egypt stood at $1.5 billion in 2020, bringing the accumulated long-term stock of U.S. FDI to nearly $24 billion.

Egypt is positioning itself as a regional energy hub, rapidly boosting renewable energy production, further offering potential opportunities for U.S. firms.

In November 2022, Egypt will host the United Nations Conference of the Parties (COP-27) climate change conference in Sharm el-Sheikh.

Hottest Products to Import From Egypt in 2023

Below are the hottest products to export from Egypt, with large growth potential:

1. Cotton (forecast to rise by 7% 2023-2024)
2. Jewelry (up 46% to $1.529 billion in 2022, compared to 2021)
3. Plastics (US$2.61 Billion during 2022)
4. Fruits (US$539.86 Million during 2022,)
5. Ceramics (US$329.96 Million in 2022, a massive 112% increase from 2021)
6. Essential Oils, Perfumes and Cosmetics (US$620.99 Million in 2022)

A slew of positive export data has been released for 2021, showing huge demand for Egyptian products worldwide. An Egyptian-British trade agreement signed following Brexit has been significant for both countries so there are some excellent opportunities for a foreign importer.

Cotton Products

Egypt is famous for its highest quality cotton around the world. Turkey and India import cotton from Egypt to produce high-quality products made of 100% Egyptian Cotton for the worldwide demand.

Fabric production includes fine Egyptian cotton fabrics, shirting, fabrics for trousers/shorts, worsted wool fabrics, denim, fleece, jersey, flat/woolen knits, technical fabrics, and more. Apparel production includes active sportswear, outerwear, underwear, suits, socks, infant wear, etc. Production of made-ups includes a wide variety of bed, bath, and table linens, kitchen accessories, etc.

Perhaps one of the most in-demand products are luxury 100% Egyptian cotton bed sheets and bedware.

Egypt’s cotton industry is forecast to rise by 7% for the year beginning August 2023 to July 2024, the U.S. Agriculture Department said late Monday.

Egyptian Jewelry

Egypts jewelry market is exploding and the potential for excellent returns on investment for those willing to source good suppliers and export to buyers around the world are excellent.

There’s plenty of room in the UK market still and well worth exploring.

Egypt’s exports of gold, jewelry, and precious stones increased by 46% during the period from January to November 2022, to reach $1.529 billion, compared to $1.044 billion during the same period in 2021.

Plastics

Since the revolution in 2011 many sectors, especially tourism, have slowed down, however, this has not been the case with the plastics industry, which includes finished products.

Egypt’s Exports of plastics were US$2.61 Billion in 2022, according to the United Nations COMTRADE database on international trade. The plasticware industry has become an important part of Egypt’s local manufacturing over the past ten years as a result of relying on plastic materials instead of other items like glass and metals.

Fruits

Food imports to Europe are a golden opportunity for Egyptian food imports and remain one of the most stable markets offering the highest prices.

Egypt’s exports of vegetable, fruit, and nut food preparations were US$539.86 Million in 2022,

Europe needs products that are low in sugar and packaging for European standards should be considered. Europe is more interested in buying food products which are in glass containers and tetra packs.

It’s important to understand import requirements with food and fresh fruits as of course there will be a limited shelf life.

Ceramics

Egypt intends to turn itself into a regional hub for manufacturing and exporting ceramics, in light of the availability of energy sources, raw materials, and qualified labor.

Egypt’s Exports of ceramic products were US$329.96 Million during 2022 up from $92 million in 2021, a massive 112% increase.

Egypt has a rich history of manufacturing ceramics and it’s expected for this industry to grow significantly.

Essential Oils, Perfumes and Cosmetics

80% of the world’s natural jasmine products, come from Egypt, where specialists in this ancient art extract the aromatic oils from a profusion of flowers, leaves, roots, and herbs and export them to perfumers in Paris, London, New York, and even Moscow.

Perfumes are a huge export market still to be tapped and the use of essential oils is becoming a very, very popular natural alternative to traditional perfumes.

Egypt’s exports of essential oils, perfumes, cosmetics, and toiletries were US$620.99 Million in 2022, and is still a young market for anyone wanting to take advantage of what is sure to be lucrative with the right suppliers and buyer markets.

Egyptian Exports Reach Their Highest Level Ever in 2022

Egypt’s total exports surged 18.3% year-on-year (YoY) during 2022, with exports jumping to $51.6 billion in 2022, compared to $43.6 billion in 2021.

Last year’s figure marks the highest value ever in the history of Egyptian merchandise exports.

Turkey topped the list of countries importing Egyptian products with a value of $4 billion, followed by Spain with $3.7 billion, Italy with $3.4 billion, and Saudi Arabia with $2.5 billion.

Exports to the US reached $2.446 billion compared to $1.618 billion, yet another significant increase of 51%.

Egypt’s exports to the UK increased 46.2% year-on-year, taking advantage of the Egyptian-British trade agreement, signed by the two countries following Brexit.

Last Updated On: 03/05/2023)

---

TRI CONSULTING KYOTO – TRI CK USA TEAM AND EGYPT

We have contributed directly to the Establishment and Development of Business Relationships and Trade Exchanges Between the United States, California, and Egypt with our Initiative and Engagement by Organizing Visits of Egyptian Officials and Business Leaders to California while we Facilitate their interactions and the Signing of several MOU and Agreements between Professional Representatives Entities and their Members.

Extensive work on Establishing Trade and Business Relationship Between California and Egypt

U.S. and Egypt Share a Strong Partnership

The U.S. established diplomatic relations with Egypt in 1922, following its independence from protectorate status under the United Kingdom. The U.S. and Egypt share a strong partnership based on mutual interest in Middle East peace and stability, economic opportunity, and regional security. Promoting a stable, prosperous Egypt, where the government protects the basic rights of its citizens and fulfills the aspirations of the Egyptian people, will continue to be a core objective of U.S. policy.

The United States and Egypt have a strategic relationship based on shared interests and values that span almost two centuries. The two countries are partners in counterterrorism, anti-trafficking, regional security, and economic opportunity. The U.S. has provided over $50 billion in military aid to Egypt since 1978, which has helped Egypt protect its borders and confront terrorism. The U.S. and Egypt also collaborate to expand commercial ties, increase foreign direct investment, and ensure safe transit through the Suez Canal.

The U.S. core policy objective is to promote a stable and prosperous Egypt that protects the rights of its citizens and meets the needs of its growing population. 

The United States and Egypt have a strategic economic and security partnership 

The two countries have a shared commitment to strengthening bilateral economic cooperation. This includes expanding trade, increasing private sector investments, and collaborating on clean energy and climate technology. 

Egypt is one of Africa’s industrial heavyweights. Transforming the country’s economy to sustain job-rich and sustainable growth are pivotal steps in its march towards prosperity. Today’s search for new development models, accelerated by the unfolding of the COVID-19 pandemic, calls for shifting up a gear in raising Egypt’s industrial capabilities to compete in an industry 4.0 and agro 4.0 landscape. The Production Transformation Policy Review (PTPR) of Egypt uses a forward-looking framework to assess the country’s readiness to embrace change. This includes an analysis of the game-changing potential of the African Continental Free Trade Area (AfCFTA) and perspectives on agro-food and electronics (i.e. what in Egypt is referred to as part of the engineering sector), as well as identifying priorities for future reforms.

The U.S. and Egypt also share interests across the Middle East. Both countries are aligned on Israel, Iran, and the regional effect of dysfunctional states such as Libya, Syria, Yemen, and Iraq. 

U.S. assistance has long played a central role in Egypt’s economic and military development. An estimated 250,000 first or second-generation Egyptians live in the United States, while nearly 60,000 U.S. citizens reside permanently in Egypt. 

The U.S. embassy is located in Cairo, and there is also a U.S. consulate in Alexandria. 

The U.S. and Egypt also have a Bilateral Investment Treaty, signed in 1986, to promote and facilitate investment between the two countries. The treaty was modified and entered into force in 1992. The U.S. and Egypt also have a trade and investment framework agreement, which is a step toward creating freer trade and increasing investment flows. In 1996, the U.S. Congress established the Qualifying Industrial Zone (QIZ) initiative to support the peace process in the Middle East. The QIZ initiative allows Egypt and Jordan to export products to the United States duty-free as long as such products contain inputs from Israel. 

The U.S. and Egypt have a Treaty on Mutual Legal Assistance in Criminal Matters, signed in 1998. The U.S. also has a long-running cooperation with the Egyptian military, including the BRIGHT STAR 2023 exercise, which focuses on regional security and cooperation. 

In 2022, the U.S. imported $2.8 billion in goods from Egypt and had a trade surplus of $3.6 billion. 

TRI CONSULTING KYOTO – TRI CK USA supports you in your trade and investment projects, whatever their form:

New sites, extensions, industrial or technological partnerships, acquisitions, or financial investments.

---

---

---

China: Yesterday Principles – Today Advanced Tech

China is working on establishing all these milestones and beyond.

Battling China is the reward given to China as recognition of its outstanding performances realized during just 5 presidents du Developpement Global de la Chine – 4 Leaders Pieds de la Table de Jeu Technologique de la Chine and 50 years of hard work and devotion to national development policies and goals.

Look up Related Articles

China’s Great Development Suspended in the Air
A First in the History and the World of Suspended Infrastructure

Universal Wisdom, Western Know-How, and Human Knowledge with a Chinese Perspective

Dr. Said El Mansour Cherkaoui See less— in Guizhou.

---

I was invited by the Chinese Government to facilitate the international expansion of Chinese companies and to provide training to the leaders of Chinese companies on the requirements of business internationalization and the development of logistics for market entry including distribution in Western Europe and the United States of America.

This invitation followed the organization of a 3-month training course that I had prepared in Oakland and Berkeley within the Center for International Trade Development (CITD) in collaboration with academic and professional institutions located in Oakland and Berkeley in the San Francisco Bay and Northern California.

These study and training programs provided to Chinese delegations were composed of businessmen, CEOs, and regional representatives of the authorities of central power. They were part of the cooperation agreements between China and the United States.

In fact, since 1995, I have established direct and consulting relationships with Chinese officials when I served as Vice President of the International Business Commission within the San Francisco Chamber of Commerce. I also organized the visit of a delegation formed by members of research centers, businessmen, and leaders of the provinces of Yunnan, Dalian, and other regions of China.

Our prayers and thoughts go out to the valiant Chinese People for their recovery and for that of the People of this World currently suffering from this epidemic which we hope will be banished from all our memories and our human history by the scientific and divine will, Ameen.

Publications on China by TRI CK USA

Said El Mansour Cherkaoui, Ph.D. – saidcherkaoui@triconsultingkyoto.com – https://www.triconsultingkyoto.com

Shared with Your friends Dr. Said El Mansour Cherkaoui – CITD – Center for International Trade Development in China

Dr. Said El Mansour Cherkaoui and the East Bay Center for International Trade Development in China, Guiyang, Guizhou.

Presiding and Leading Negotiations with Officials and Entrepreneurs in Guiyang, China as Representative of the East Bay Center for International Trade Development, Berkeley, California, USA. 

Said El Mansour Cherkaoui

---

I have worked with the CITD in Oakland and Berkeley. I was among the first members who joined this organization in 1992-1993 and worked with the CITD which was located within the Vista Community College.

I participated in the first Statewide meeting of the CITD and contributed to drawing the organizational and working strategies of the California CITD.

At this date, only 5 CITDs existed and Dr. Barbara Beno was the President of Vista Community College. I have during the years 1994 to 1998 and from 2001 to 2007, I drafted all the strategies and the planning of the activities of the CITD and the East Bay Center for International Trade Development respectively located in Berkeley, Oakland, and later on in Berkeley again.

Furthermore, I have organized several outbound and inbound trade delegations from many countries including China (several delegations), Egypt, Morocco, Eastern and Western African countries, Vietnam, and Japan along with visits by entrepreneurs.

---

Les Trois Chandeliers et Dr. Said El Mansour Cherkaoui:

La sagesse universelle, le savoir-faire occidental et la connaissance humaine avec un éclairage de la Chine:

Dr. Said El Mansour Cherkaoui en Chine — in Guizhou.

• Said El Mansour Cherkaoui
• https://www.facebook.com/photo.php?fbid=525774764252883&set=a.200000546830308.1073741825.100004610916009&type=3&theater

---

Interested in the Consulting and Advisory Services Provided by TRI CK USA

Please complete the following Form and once you receive it, we will respond to you at our earliest convenience …

We Thank you for your Interest and Consideration with our Best Wishes of Success

---

International Languages and Cultural Services Offered by TRI CONSULTING KYOTO

TRI CK USA – OAKLAND – EAST BAY AREA OF SAN FRANCISCO – SILICON VALLEY – CALIFORNIA

Let’s do the Right Move Together and the Right Communication

International Languages and Cultural Services

You are interested in the Foreign Markets where we can Represent you, Speak and Share Knowledge in the Following Languages which Can Help to Apprehend the Realities of the Corresponding Marketplaces and the Intricated Business Practices and Cultures,

TRI Consulting Kyoto – TRI CK USA Team will take all the necessary to make you as Executives, Entrepreneurs or Project Owner to Fully Comprehend the Trade, Business, Finance, Economic and Culture Dynamics Characterizing the Market in California, France, Spain and Morocco

🌎 TRI Consulting Kyoto – TRI CK USA Team Will Stive and Will Succeed in Making you Feel at Home 🌐

If you have any questions on this publication or other matters, please feel free to contact: info@triconsultingkyoto.com

Feel Free to fill out the Form for Services Requests

Thank you for your continued support.

---

Register now!

To benefit from our services at No Charge Consultation, please fill out the Contact Information 

---

---

9 June, 2024

TRI CK USA – Who we are?

TRI CONSULTING KYOTO – TRI CK USA is committed to serving clients in the United States, France, Middle East, North and Sub-Saharan Africa and China regions.

Based in Oakland, California, to promote international trade and California’s competitiveness by providing consulting services to exporters and importers.

TRI CK USA leads and organizes business and relationship missions between California’s international business communities and countries of interest to corporate clients.

TRI CK USA is comprised of a dedicated team with extensive experience in the areas of organizational strategy, operational management, international business, entrepreneurship, leadership, teamwork, cultural awareness, negotiation and communication skills in several foreign languages.

TRI CK USA facilitates the global development of companies, their exports and their imports

TRI CK USA supports companies in their export, import and international establishment projects.

TRI CK USA strategically develops projects, initiatives and businesses in particular by connecting with commercial partners in targeted markets and requested products in order to facilitate the realization of relationships and business transactions, also allowing exports and imports between various companies and interested regions, thus contributing to strengthening links between countries while creating valid jobs.

TRI CK USA trains, informs and supports foreign investors in France

TRI CK USA provides basic data and first-class information aimed at facilitating the decision-making process of foreign investors throughout the business project through the direct participation of its consultants and advisors as well as the corresponding skills and the existing resources in its network of partners.

TRI CK USA highlights the economic image and attractiveness of countries within its jurisdiction

TRI CK USA proposes and implements a strategy to promote countries, economies and regions within its competence, knowledge and experience in favor of companies aimed at creating networks of influence on the economic and international level and this through the following areas:

Development of international trade,

Establishment of foreign companies,

Financing new activity,

Management of partnership relationships and strategic alliances.

TRI CK USA manages and develops the participation of students – interns

This option allows companies – clients to opt to entrust professional missions abroad (commercial, technical, engineering, marketing, finance, etc.) to young talents for a flexible period of 6 to 24 months in order to facilitate the creation of local employment and contribute to training new talents on the ground that companies can have at their disposal in the country where their investments are made

TRI CK USA advocates international cooperation

TRI CK USA carries out international cooperation actions by promoting its areas of expertise and strengthening its influence during international missions, symposia, conferences and through participation in international fairs both live and online which are organized with the state institutions, representative professional organizations, university entities and Think Tanks.

Additional inputs, new events, and indications were continuously updated in this publication which was first published on November 12. 2023 – Said El Mansour Cherkaoui – 10/6/2024

---

MOROCCO OPEN SPACE, RICH CULTURE, COLORED HORIZONS WHERE YOU CAN TRAVEL THROUGH TIMES WHILE LIVING PRESENT FABULOUS STORIES

---

The Front Picture displays Fortaleza Mazagão where the Author was Born. Fortaleza Mazagão a Portuguese who built a citadel in 1514 and expanded it into a fortification in 1541, is an example of the early settlements of Portuguese explorers in West Africa on their way to India.

Location	Atlantic coast, 90 km southwest of Casablanca, Morocco
Built	Early 16th century
Features	Bastions, ramparts, cistern, Church of the Assumption
UNESCO World Heritage Site	Yes, registered in 2004
Known for	An example of Renaissance military design and the exchange of European and Moroccan cultures
Notable buildings	Cistern, Church of the Assumption

The Portuguese built the Fortaleza Mazagão, which was later named Mazagan and is now part of the City of El Jadida, Morocco. Fortaleza Mazagão, ‘s architecture, technology, and town planning reflect the exchange of European and Moroccan cultures. The Portuguese gave up Mazagao to the Moroccans in 1769 while blowing part of it, which the Moroccans named Mahdouma – The Destroyed. It was abandoned until it was renamed El Jadida, which means “new” and became one of the most prosperous Judaic Cities in Morocco with trade relations with the United States, Great Britain, Germany, France, Spain, Portugal, and Latin America countries.

What are the reasons for investing in Morocco?

INVEST IN MOROCCO

Related Articles Written by Said El Mansour Cherkaoui

Advantages of Investing in Morocco

Said El Mansour Cherkaoui – INVEST IN MOROCCO Morocco is fast becoming one of the best emerging markets for investment. Over the last decade, Morocco has witnessed an accelerated process of political, economic, and social reforms, and its steady economic growth and strategic geographic position make it an investment opportunity well worth considering.  Morocco’s 2018 Doing Business ranking (69th out of 190 countries), published … Continue reading “Advantages of Investing in Morocco”

---

Here are some reasons to invest in Morocco: 

Morocco is located between Europe and sub-Saharan Africa. Morocco is a gateway and path to many regions and countries in Africa and the Middle East.  Morocco is embedded and located within a geostrategic environment that is conducive to facilitating the implementation of services, and industrial, maritime, or agricultural operations.   These initiatives can also be steering toward integration in the regional economies or for the development of distribution systems along with an expansion in the Western and Eastern Mediterranean regions, the European Union, the United Kingdom, and the neighboring North and Sub-Saharan African economies. 

Morocco is also a regional manufacturing and export base for international companies. 

• Political and economic stability: Morocco has a stable currency and political framework.
• Infrastructure: Morocco has modern infrastructure and free trade access to one billion consumers.
• Labor: Morocco has a relatively low cost of labor and a qualified labor force.
• Macroeconomic performance: Morocco has strong and stable macroeconomic performance.
• Business climate: Morocco has a constantly improving business climate.
• Capital markets: Morocco has some of the best capital markets in the world.
• Business incubation programs: Morocco has many business incubation programs.

Dr. Said El Mansour Cherkaoui Welcoming H.E. Mr. Mohcine Jazouli

MICEPP – Ministry of Investment, Convergence and Evaluation of Public Policies,

Dr. Said El Mansour Cherkaoui Welcoming H.E. the Minister Mr. Mohcine Jazouli at the Silicon Valley, Palo Alto California during the Moroccan Official Delegation Visit … Read more

“From West North Africa to West North America
By Said El Mansour Cherkaoui Ph.D.”

Said El Mansour Cherkaoui – Email: saidcherkaoui@triconsultingkyoto.com

Good Day Good Fellows

It is with immense personal pride and a professional sense of dignity to be able in a lifetime to receive representatives of the Country of my birth and growth and my own ancestral family: the Kingdom of Morocco and meet with its highly esteemed government representatives in Northern California of the United States of America, the territory of the birth and growth of my children, my present family.

Please find here the promised link for the registration followed by the announcement of the event that was published and received today 5/1/2024 

if you have a network of contacts spread the news about this meeting with high-level Leaders, Decision-Makers, and Executive Calibers that you will meet and interact with at SILICON VALLEY in EAST PALO ALTO, Bay Area of San Francisco, Northern California, USA

Said El Mansour Cherkaoui – Email: saidcherkaoui@triconsultingkyoto.com

To Establish a Business Relationship with TRI CK USA, Please Complete This Form

What are the Government measures to motivate investment in Morocco?

Related News Analyzed and Articles Written by Said El Mansour Cherkaoui

From Silicon Valley, the Heart of Tech USA to Marrakech Capital of GITEX AFRICA

From Silicon Valley, Heart of Tech USA to Marrakech Capital of GITEX AFRICA GITEX Africa 2024 will occur from 29 May – 31 May 2024 in Bab Jdid, Marrakech, Morocco. By Said El Mansour Cherkaoui Ph.D. – Said Cherkaoui Ph.D. – 5/29/2024 From West North Africa to West North America By Said El Mansour Cherkaoui Ph.D. Picture: … Continue reading

---

TRI CK USA Services

TRI CONSULTING KYOTO TRI CK USA – Based in Oakland in the vicinity of San Francisco and Silicon Valley in California, TRI CONSULTING KYOTO – TRI CK USA strives and aims to help local and international enterprises and entrepreneurs develop and manage productive projects, business, trade, market, and logistics operations between the United States, France, South Europe, North Africa, Sub-Saharan Africa, Middle … Continue reading TRI CK USA Services

Already in Morocco’s 2018 Doing Business ranking (69th out of 190 countries), published by the World Bank

The new investment charter which was introduced in July 2016 as part of Law 60-16, and replacing a previous charter implemented in 1995, creates free-trade zones in each of the 12 regions of the country, recognizes indirect exporter status, and creates incentives for export-oriented and industrial companies.

It also restructures investment promotion activities under the centralized Moroccan Agency for Investment Development and Export, including Maroc Export https://marocexport.gov.ma/, the Moroccan Investment Development Agency falling under the purview of the Ministry of Industry, Trade, Investment and Digital Economy.

A General Directorate for Trade, a General Directorate for Industry, and an agency dedicated to developing the digital economy and e-government were also created under the new charter of investments.

Foreign Direct Investment inflows by country and sector

After a decline during the global recession, FDI (Foreign Direct Investment) flows to Morocco increased in 2014 and 2015, exceeding USD 3 billion. In 2016, however, flows fell by 29% to USD 2.32 billion. The country’s stability should attract more investors. In addition, a vast economic modernization project has been launched to boost FDI. Casablanca in particular aims to become an international financial center. France, Saudi Arabia, and Spain have traditionally been the three main investors. FDI is mainly concentrated in the real estate sector, industry, and tourism.

Related News Analyzed and Articles Written by Said El Mansour Cherkaoui

FDI: Net Flows Rise by 6.8% in 2022 (Exchange Office)

Invest in Morocco

If you want to have a presentation of a given African country to be profiled by us here and as a publication of TRI Consulting Kyoto – TRI CK USA, please share by sending an email to support@triconsultingkyoto.com

For engagement on a business level, please get in touch with us by sending an email to: saidcherkaoui@triconsultingkyoto.com

You can also fill out the forms that are at the foot of the present article on our website: https://triconsultingkyoto.com

Best wishes for success

---

Dear Moroccan Professionals in the Silicon Valley

The cocktail hosted by high government officials promises to be a unique opportunity to get an in-depth insight into the investment landscape in Morocco and build an efficient network with decision-makers in the Kingdom.

★ ★ 🌍★ ★ 🌍★ ★ 🌍★ ★ 🌍★ ★ 🌍★ ★ 🌍★ ★ 🌍★ ★ 🌍★ ★ 🌍★ ★
Publications, Research, Analysis, and Presentations on Morocco and the United States of America

TRI CONSULTING KYOTO – TRI CK USA supports you in your trade and investment projects, whatever their form:

Export, Import, Business Representation, Translation and Negotiation

New sites, extensions, industrial or technological partnerships, acquisitions, or financial investments

“Discover the Perfect Spot for International Investments: Morocco”

“Favorite Destination for International Investment

Empower your next global investment”

Power and Gaz Distribution: the Kingdom of Morocco, the United Kingdom, and Europe

Said El Mansour Cherkaoui Ph.D. – Said Cherkaoui Ph.D.

Here is an overview of Morocco’s investment and economic environment that we hope will enhance your interest in developing trade, financial, and cultural relationships with the Moroccan people.

If you are looking to benefit from an environment conducive to establishing excellent business relations, you are considering Morocco as your destination for export or the source of your imports and you are going to create real jobs and have good returns on your investments, we can help you to find the right connection and facilitate for you the process through our assessment and evaluation of the present conditions of doing business in Morocco.

Contact us by sending an email to: saidcherkaoui@triconsultingkyoto.com

This used to be the History of the Clash of Civilizations and now this is the space for discoveries to be made, including investing in the present-day emergence of a new mutually beneficial relationship

EL JADIDA – FORTALEZA MAZAGAO – MAZAGAN – DOUKKALA – MOROCCO

Event of the Cocktail Reception at 2050 UNIVERSITY AVENUE, EAST PALO ALTO, CALIFORNIA 94303 U.S.A. – PHONE: 1 (650) 566-1200 LOCATION CONTACT US

Only a few days left before the Cocktail dinner to be held in Palo-Alto, May 10th.

Please confirm your attendance by CLICKING HERE to access and fill out the form to confirm your attendance at the event: Contact Details

---

TRI CONSULTING KYOTO – TRI CK USA

Trusted by clients that span from the US to Asia, ‎Morocco · ‎Bureau of African Studies

TRI CONSULTING KYOTO – TRI CK USA supports you in your trade and investment projects, whatever their form:

New sites, extensions, industrial or technological partnerships, acquisitions or financial investments.

Egypt is one of Africa’s industrial heavyweights. Transforming the country’s economy to sustain job-rich and sustainable growth are pivotal steps in its march towards prosperity. Today’s search for new development models, accelerated by the unfolding of the COVID-19 pandemic, calls for shifting up a gear in raising Egypt’s industrial capabilities to compete in an industry 4.0 and agro 4.0 landscape. The Production Transformation Policy Review (PTPR) of Egypt uses a forward-looking framework to assess the country’s readiness to embrace change. This includes an analysis of the game-changing potential of the African Continental Free Trade Area (AfCFTA) and perspectives on agro-food and electronics (i.e. what in Egypt is referred to as part of the engineering sector), as well as identifying priorities for future reforms.

This review is the result of government-business dialogue, and benefited from peer learning from Italy and Malaysia. It also resulted from international and multi-stakeholder knowledge sharing through a dedicated Peer Learning Group (PLG) and the OECD Initiative for Policy Dialogue on Global Value Chains, Production Transformation and Development.

At a time when global trade is under pressure and countries increasingly turn to regional integration to support their development, this Spotlight is a timely read for policy makers and business leaders in Africa and beyond. It shows how harnessing the African Continental Free Trade Area (AfCFTA) can support industrialisation in Egypt, and more widely in Africa, by tapping the full potential of regional supply chains, including renewable energies, pharmaceuticals, logistics and creative industries. This report builds on and enriches the Production Transformation Policy Review of Egypt: Embracing Change, Achieving Prosperity.

Published on November 13, 2023

The U.S. established diplomatic relations with Egypt in 1922, following its independence from protectorate status under the United Kingdom. The U.S. and Egypt share a strong partnership based on mutual interest in Middle East peace and stability, economic opportunity, and regional security. Promoting a stable, prosperous Egypt, where the government protects the basic rights of its citizens and fulfills the aspirations of the Egyptian people, will continue to be a core objective of U.S. policy.The United States and Egypt have a trade and investment framework agreement, which is a step toward creating freer trade and increasing investment flows. The United States also has a Generalized System of Preferences (GSP) program, which provides duty-free entry to the U.S. for certain products that meet specific qualifications. 

Egypt is also party to several regional trade agreements, including: 

• Agadir Agreement
• COMESA Agreement
• European Union-Egypt Association Agreement
• GAFTA
• Egypt-Turkey Free Trade Agreement
• Numerous free and preferential trade agreements with individual Arab countries

The United States exported $6.4 billion in goods to Egypt in 2022, up 8.8% from 2021. U.S. imports from Egypt totaled $2.8 billion in 2022, down 15.3% from 2021. 

Tariffs on most U.S. agricultural product exports to Egypt are no higher than 5 percent; however, a number of processed and high value food products, including poultry meat, face tariff rates ranging from 20 percent to 30 percent and down 7 percent from 2012.

U.S. foreign direct investment (FDI) in Egypt (stock) was $12.7 billion in 2022, a 8.6 percent increase from 2021.

Egypt’s FDI in the United States (stock) was $49 million in 2022, up 6.5 percent from 2021.

U.S. exports to Egypt include: 

• Wheat and corn
• Mineral fuel and oil
• Machinery
• Aircraft
• Iron and steel products

U.S. imports from Egypt include: 

• Mineral fuels, oils, distillation products
• Salt, sulfur, earth, stone, plaster, lime, and cement
• Glass and glassware
• Vegetable, fruit, and nut food preparations

Egypt is the United States’ largest export market in Africa. In 2021, total bilateral trade in goods between the United States and Egypt stood at $9.1 billion, the highest level ever. 

The U.S. Congress established the Qualifying Industrial Zone (QIZ) initiative in 1996 to support the peace process in the Middle East. The QIZ initiative allows Egypt and Jordan to export products to the United States duty-free as long as such products contain inputs from Israel.

Business relationships between Mediterranean countries and China

• MARIN ORRIOLS
• International Area Director, Barcelona Chamber of Commerce

Introduction:

The economic and trade relationships between China and the Mediterranean countries have significantly intensified in recent years. The Mediterranean region comprises countries that are strategically located in the Middle East and North Africa (MENA) region, including Spain, Portugal, Italy, Greece, Turkey, Egypt, Tunisia, Algeria, and Morocco. This article aims to discuss the advantages of logistics, growth potential, Europe as the primary market, and investments in the business relationships between Mediterranean countries and China as the legacy and heritage of the ancient SILK Road from South of Europe towards the East.

Logistics Advantages:

One of the significant advantages of the business relationships between Mediterranean countries and China is logistics. The Mediterranean region is a strategic location for trade, providing an ideal gateway for Chinese goods to enter European markets. The region is situated between the Middle East, North Africa, and Europe, making it a perfect connection point for Chinese products to reach the European market. Furthermore, the Mediterranean region provides China with access to the Suez Canal, reducing the transportation time for Chinese products to reach the European market.

Barcelona is one of the more modern seaports in the Mediterranean and perfect logistic platform to the rest of the European countries thanks to its advanced technology in multimodal transport.

Growth Potential:

The Mediterranean region presents enormous potential for Chinese businesses to invest and expand their operations. The region has a vast population, with a combined population of over 300 million people, providing a vast market for Chinese products. Furthermore, the region has a rich history and culture, presenting opportunities for Chinese companies to develop products that cater to the unique tastes and preferences of the Mediterranean population. The region’s tourism sector is also thriving, providing an opportunity for Chinese businesses to invest in the industry and taking advantage of the experience and industry maturity of South of Europe in countries such as France, Spain, Italy and Greece.

Europe as the Primary Market:

Europe is one of the world’s largest markets, providing a vast market for Chinese businesses. EU market size is over 450 million people with high income.

The Mediterranean region presents an opportunity for Chinese businesses to access the European market through the Mediterranean Sea. The region is home to several ports that provide access to the European market, including the Port of Barcelona in Spain, the Port of Piraeus in Greece, the Port of Valencia in Spain, and the Port of Genova in Italy. These ports provide a gateway for Chinese products to enter the European market, providing an opportunity for Chinese businesses to expand their operations.

Barcelona Chamber of Commerce provide exclusive and high advanced level service to Chinese companies to explore business opportunities in Europe using Barcelona as an Entry Point to the Mediterranean and the rest of the European Union.

Investments:

The business relationships between Mediterranean countries and China provide opportunities for Chinese businesses to invest in the region.

China is today the second largest economy in the World and has to be a priority of focus of all the Mediterranean economies. We need to face this fact as an opportunity of collaboration and business development and never a threat.

The Mediterranean region presents opportunities for Chinese businesses to invest in various sectors, including infrastructure, energy, and tourism. The region’s infrastructure is rapidly developing, providing an opportunity for Chinese businesses to invest in the construction of highways, railways, and airports. The energy sector is also growing, presenting an opportunity for Chinese businesses to invest in renewable energy sources, such as solar and wind power. Furthermore, the region’s tourism sector presents an opportunity for Chinese businesses to invest in hotels, resorts, and other tourism-related services.

Conclusion:

In conclusion, the business relationships between Mediterranean countries and China present numerous advantages, including logistics advantages, growth potential, access to the European market, and investment opportunities. The Mediterranean region presents a vast market for Chinese businesses to invest and expand their operations. Furthermore, the region’s strategic location provides an ideal gateway for Chinese products to enter the European market, reducing transportation time and costs. The business relationships between Mediterranean countries and China present opportunities for both regions to benefit from economic and trade partnership and the International department of the Barcelona Chamber of Commerce in collaboration with all the ASCAME network association is ready to drive and support to their business success.03/20/2023