Morocco, Ghana strengthen their bilateral Relations with 25 Cooperation Agreements

By on February 18, 2017

The King Mohammed VI who is currently in an official visit to Ghana, has chaired with  the Ghanaian President Nana Akufo-Addo the ceremony of signing of 25 cooperation agreements between the two countries.

Five of these agreements were signed between the two governments to promote bilateral cooperation in the field of agriculture, industry, investments, double taxation avoidance and normalization.

The rest of the agreements were signed by the private sector actors in the two countries providing for cooperation in the fields of investments, environment, trade, enterprises promotion, banking, technical cooperation, insurance, small-scale agriculture, renewable energies, scientific and technical cooperation, tourism, infrastructure and finance.

Within this Morocco-Ghana partnership, , Morocco opted for the share and transfer of know-how and contributed to efforts to build a safe and solidarity-based future for the entire continent.

In Accra, King Mohammed VI held talks with the Ghanaian president on the means to further bolster the political and economic partnership between their two countries.

The West African state was among the group of 28 AU member countries of African Union (AU) to have signed a motion in support of Morocco’s territorial integrity.

The King’s visit to Accra was preceded by a Moroccan-Ghanaian business forum during which businessmen from the two countries discussed investment opportunities.

Political ties between the two countries have been following the rising trend of their bilateral trade exchanges. Between 2006 and 2010, trade between Morocco and Ghana grew by an average 33% to stand at 76 million dollars of which Morocco exported 70 million dollars.

Prospects for further boosting economic partnerships between the two countries abound.

Ghana, the largest economy in the ECOWAS after Nigeria, is among the three largest economic partners of Morocco in the African sub-region.

Ghana is the second country the king visits after Morocco’s triumphal return to the African Union on January 30. Before Ghana, the Sovereign visited South Sudan.

This new Royal tour in Africa is expected to take the Sovereign to Zambia, Kenya, Guinea- Conakry, Côte d’Ivoire and Mali.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.