Ouahbi and the Bar Association discuss the link between legal arsenal and investment

Ouahbi and the Bar Association discuss the link between legal arsenal and investment

Investment is one of the strategic axes aimed at boosting the national economy, said Friday in Marrakech, the Minister of Justice, Abdellatif Ouahbi.

This strategic project contributes to supporting the development process that the Kingdom is experiencing in all areas, added Mr. Ouahbi in a speech read on his behalf, during a seminar organized by the International Union of Lawyers (UIA) in collaboration with the Marrakesh Bar Association under the theme “Law and the lawyer, levers for investments”.

The Minister stressed that the reforms undertaken by Morocco have made it possible to achieve significant results as evidenced by the growth in the flow of Foreign Direct Investments (FDI) in our country, specifying that these FDIs recorded an increase of 53.6% to end of February of the current year.

“The Ministry of Justice has contributed to the consolidation of several important achievements in the field of improving the business climate, thanks to the reform of the legal arsenal in direct relation with the economic field”, he said. – he continued, welcoming that Morocco was able to achieve in 2020, a remarkable leap on the World Bank Group’s “Doing Dusiness” index.

For her part, the President of the UIA, Mrs. Urquiola De Palacio, noted that the local Moroccan committee of lawyers has always been a very active member within this international association, noting that Morocco annually hosts seminars UIA “Great Success”.

In this context, she gave a detailed overview of this International Union, which represents an important platform for sharing experiences between lawyers, firms and associations of lawyers from all over the world.

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“We are gathered today to initiate reflection at regional and global levels on a highly topical theme, namely the role of the lawyer in the context of investment promotion”, she added. .

The president of the Moroccan local committee of the UIA, Tarek Zouhair, underlined, as for him, that the axes approached by this seminar aim to highlight the role of the lawyer and justice as a lever of security. legal and judicial and investment promotion.

This meeting will also address highly topical themes, such as mediation, arbitration and other methods of settling commercial disputes, he added, noting that this seminar also offers the opportunity to initiate a debate on the mechanisms made available to lawyers, within the framework of investment support and promotion.

The participants in this seminar will discuss, over two days, themes relating in particular to the “role of the lawyer and the law in guaranteeing the legal security of investments”, “methods of settling disputes as a lever for investments”, “the legal framework for investment at national and international level”, “Financial and legal support for investments and the new Investment Charter” and “Morocco HUB for investment in Africa”.

Founded in 1927, the UIA represents nearly one million lawyers through its individual and collective members (bars, federations and associations), located in more than 110 countries. This body promotes the essential principles of the legal profession and participates in the development of legal science in all areas of law at the international level.

LNT with MAP

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