Morocco, Israel Aerospace Industries Sign MoU
Morocco’s industry and trade minister, Ryad Mezzour, and the chairman of the Board of Directors of Israel Aerospace Industries (IAI), Amir Peretz, signed a memorandum of understanding (MoU) last week in the aeronautics sector. The partnership is part of the implementation of the Joint Declaration between Morocco and Israel signed on December 22, 2020 in Rabat, in which the two countries expressed their willingness to promote dynamic and innovative bilateral economic cooperation in the fields of investment and technology.
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As part of this partnership, Morocco and IAI have identified investment opportunities focusing on 3D printing, the manufacture of cabin interiors and engine parts and aerostructures, as well as the establishment of an R&D and engineering center and the development of an ecosystem of local suppliers through sourcing partnerships with IAI.
