ISRAEL AND MOROCCO SIGN ECONOMIC AGREEMENT


30/12/2020




Serhat TUNAR -TDO- Israel and Morocco announced the signing of the first economic agreement in the history of the two countries in the field of investment and financing.

An agreement between the Israeli and Moroccan finance ministries will increase the volume of trade between the two countries to $ 500 million annually, the Israeli Foreign Ministry said in Arabic on its social media account.

The statement did not address the current volume of trade between the two countries, but did not provide information on whether this agreement was signed in Morocco or Israel.

Israel Today reported that the agreement was signed a few days ago during an Israeli delegation's visit to Morocco.


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