Citing statements by economists and political analysts, the news site predicts an increase in investment between Morocco and Jordan after the opening of the Jordanian consulate in Lâayoune, especially given the importance of the southern regions of kingdom, as the strategic center of the African Continental Free Trade Area.
Morocco and Jordan have strategic multi-sectoral relations involving tourism, renewable energy and the exchange of experiences in the field of vocational training, according to Sky News Arabia which adds that the opening of a Jordanian consulate in Lâayoune is likely to encourage more investment in the region, which aims to be an open large-scale project benefiting from funds injected into the budget of the new development model.
The publication emphasizes that the opening of the Jordanian consulate in Laayoune is an occasion to call for "the establishment of a strategic partnership in accordance with the declaration issued following the working and friendly visit of HM King Abdullah II of Jordan in Rabat during the year 2019", adding that the two kingdoms are united by some sixty investment agreements, since the Agadir Agreement, signed between Morocco, Jordan, Tunisia and the Egypt, in 2001, and which resulted in the establishment of a free trade area between the Mediterranean Arab countries.
It explained that the Moroccan-Jordanian Business Council is interested in examining investment opportunities in the two countries, especially in the sectors of transport and services, tourism, food and agricultural industries, banking and financial services, information technology, renewable energy, health care and pharmaceutical industries.
The news site underlines that Amman and Rabat share the same position aiming at the defense of the right of the Palestinian people to an independent and sovereign state on the borders of 1967 with Al-Quds Al-Sharif as capital, in accordance with the United Nations resolutions and the Arab Peace Initiative.