Communique: Saudi, Moroccan Leaders affirm joint desire to boost ties 2 Fez

  • 12/15/2022
  • 19:47
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REALIZING THE IMPORTANCE OF CONTINUOUS GROWTH IN BILATERAL RELATIONS IN ALL DOMAINS FOR ESTABLISHING AN EFFECTIVE PARTNERSHIP, AND SERVING MUTUAL INTERESTS, THE TWO LEADERS ISSUED THEIR DIRECTIVES TO ELIMINATE ALL OBSTACLES THAT MIGHT PREVENT FLOW OF INVESTMENTS, COMMODITIES AND SERVICES BETWEEN THE TWO COUNTRIES FOR EXPANDING THE EXISTING PARTNERSHIP IN VARIOUS ECONOMIC SECTORS, AND OPENING NEW AVENUES FOR IMPLEMENTING JOINT PROJECTS AND ESTABLISHING JOINT COMPANIES IN THE TWO COUNTRIES. THE TWO LEADERS CONFIRMED THE IMPORTANCE OF ORGANIZING SPECIALIZED SEMINARS BETWEEN THE SAUDI AND MOROCCAN BUSINESSMEN FOR PROMOTION OF COOPERATION IN THE INVESTMENT, COMMERCIAL AND DEVELOPMENT SPHERES AS WELL AS EXCHANGING VISITS OF DELEGATIONS AND ECONOMIC, COMMERCIAL AND TECHNICAL MISSIONS AND PARTICIPATION IN THE TRADE SHOWS WHICH MIGHT BE ORGANIZED IN THE TWO COUNTRIES. THE MOROCCAN SIDE APPRAISED THE ROLE BEING PLAYED BY THE SAUDI DEVELOPMENT FUND IN BOOSTING THE DEVELOPMENT MARCH IN MOROCCO. MEANWHILE, KING ABDULLAH BIN ABDUL-AZIZ LAUDED THE COMPREHENSIVE DEVELOPMENT AND PROGRESS WITNESSED BY MOROCCO IN ALL SPHERES, AND HAILED THE GREAT ATTENTION GIVEN BY KING MOHAMMED VI TO THE SUSTAINABLE DEVELOPMENT. IN ORDER TO ENHANCE THE NATIONAL INITIATIVE FOR HUMAN RESOURCES' DEVELOPMENT IN MOROCCO TO SUPPORT ACTIVITIES THAT CONTRIBUTE TO INCREASING INCOME AND JOB OPPORTUNITIES, AND EXTENDING ASSISTANCE TO HELP PEOPLE OF SPECIAL NEEDS, KING ABDULLAH DECIDED TO EXTEND $ 50 MILLION (ABOUT 400 MILLION MOROCCAN DIRHAM) TO THE NATIONAL INITIATIVE FOR HUMAN RESOURCES DEVELOPMENT IN MOROCCO.--MORE www.spa.gov.sa/451072

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