Fourteen countries have announced the creation of the Future of Investment and Trade (FIT) Partnership, a new coalition designed to reshape global trade rules and boost cooperation on investment.
Morocco is among the founding members, alongside the United Arab Emirates, Switzerland, Chile and Singapore.
According to the UAE’s official news agency (WAM), the joint declaration was adopted during a virtual ministerial meeting attended by the Director-General of the World Trade Organization (WTO), Dr. Ngozi Okonjo-Iweala.
It added that the multilateral framework aims to foster open and fair trade, support, inclusive growth and address contemporary challenges in global commerce.
FIT is set up as a flexible platform allowing members to collaborate on issues ranging from maintaining supply chains and eliminating non-tariff barriers to facilitating investment and integrating emerging technologies into trade.
Its objective is to amplify the collective weight of mostly small and medium-sized economies within the rules-based international trading system.
The New Zealand’s Minister of Trade and Investment, Todd McClay, said: “We are a group of trade-dependent nations determined to take a proactive approach to opening markets, attracting capital and removing barriers.”
The partnership follows 12 months of consultations and a ministerial meeting held in Switzerland in May 2025. The UAE, which played a leading role in the process, will represent the country at the next round of discussions.
For Morocco,, participation in FIT is part of a broader strategy to strengthen its position as a key player in global trade, particularly in Africa and the Euro-Mediterranean space.
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