Morocco's National Commission for Business Climate has presented its 2010 action plan for the improvement of the country's business climate ahead of the creation of the Moroccan-EU free zone in March 2012.

The action plan was presented on Thursday 21 by the Minister in charge of Economic and General Affairs, Nizar Baraka, in a conference organized jointly by the ministry, the General Confederation of Moroccan Companies (CGEM) and the World Bank.

Baraka thus stressed that the commission has four main objectives: the simplification of administrative procedures and the reinforcement of their transparency; a better treatment of business disputes; and the reinforcement of dialogue and communication about reforms.



The commission has determined a number of actions to concretize these four objectives. The action plan envisages the codification and publication of procedures, the simplification of enterprise creation procedures, the reinforcement of the ease of information exchange between administrations, and the fight against administrative abuse.

The commission, which is part of the country's industrial emergence pact, also intends to tackle the legal aspect, through revising laws of limited companies and procurement contracts, updating the investment charter and constantly modernizing the business law.

Concerning business disputes, the promotion of mediation and arbitration, and the improvement of the judicial procedures in force will be the priority.

The conference saw the presence of a number of a number of officials, professional federations' representatives, as well as other economic shareholders.

Participants put much stress on the public-private partnership approach to take up the challenges facing the Moroccan economy ahead of the year 2012.

Source: MoroccoBusinessNews.com