FINANCIAL NEWS

Kuwait signs commercial agreement with Morocco

13 Jun 2010

(MENAFN) The governments of Morocco and Kuwait have signed a commercial cooperation agreement aimed at realizing a strategic partnership within the inter-Arab economic integration, Kuna reported.

Kuwaiti Minister of Commerce and Industry Ahmad Al-Haroun said that Morocco has potentials to attract huge investments, adding that Kuwait has not yet exploited these potentials appropriately.

The minister hoped Kuwait and Morocco would exert efforts to make a very good use of Kuwaiti capitals and experience to establish promising projects. Al-Haroun called for increasing Kuwaiti investments in Morocco.

The Moroccan side pledged to remove all obstacles facing economic, commercial and industrial cooperation, among other sectors, he said.

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