Morocco, France sign cooperation deals in various fields

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RABAT, Dec. 19 (Xinhua) — Morocco and France on Thursday pledged to give new impetus to the bilateral partnership and signed several agreements covering various fields, official news agency MAP reported.

The agreements were signed during the 14th meeting of Morocco-France High-level Commission held in Paris.

The two countries inked a loan agreement of 150 million euros (167 million U.S. dollars) to support Morocco’s implementation of its employment policy in three pilot regions.

The two sides also signed a declaration of intent on the development of innovative partnerships in fields of higher education, scientific research and innovation.

A cooperation agreement in areas of spatial planning, housing and territorial development was also signed.

France became the second largest investor in Morocco during 2018-2019, while Morocco’s imports from France grew by 11.5 percent year on year in the first nine months of 2019, according to official statistics.

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