Morocco, Libya set to boost ties through joint commission.
Tripoli - On the eve of the meeting on October 22 and 23 in Rabat of the 8th high Moroccan-Libyan joint commission, the two countries are set to take advantage of the convention to further boost their "excellent" ties. AaAa The leaders of the two north African countries, HM King Mohammed VI and President Muammar Gaddafi have a strong will to give a "strategic" dimension to these ties, Morocco's ambassador in Tripoli told MAP on Wednesday. AaAa Mehdi Alaoui said the joint commission comes at the "appropriate time" and reflects the "excellence" of relations between Morocco and Libya. AaAa Both countries are called to take advantage of the dynamism triggered in their economies to boost business ties, and bolster bilateral, Maghreb and African partnerships, the diplomat said. AaAa There is also a "political will" from Moroccan and Libyan authorities, which businessmen and investors in both countries should exploit, he said. AaAa Libya, he added, has "opened up its doors" and is "ready to welcome" Moroccan enterprises operating in infrastructure, low-cost housing, a sector that drew investments worth 21 billion dollars in 2009. AaAa Libya has also important tourist assets that Moroccan investors can take profit in, especially that the country is "very interested" in the Moroccan experience in tourism. AaAa The joint meeting is expected to approve eight accords presented by the technical preparatory commission on cooperation in tourism, civil protection and industrial zones. AaAa The meeting will convene under the co-chairmanship of Morocco's Prime Minister, Abbas El Fassi, and Secretary General of the general popular committee in Libya, Baghdadi Mahmoudi. AaAa Efforts made by both countries have recently allowed for taking several decisions like the opening the first Moroccan cultural centre (over 100,000 Moroccans live in Libya), and the signing of a memorandum of understanding between Morocco's state-owned phosphate company (OCP) and Libya-Africa Investment Portfolio for the construction of phosphoric acid, ammoniac and fertilizers production units. AaAa Rabat and Tripoli are called, however, to step up efforts to develop cooperation, mainly through increasing flights and creating a sea route, especially that land routes are cut as Algeria, which separates the two countries, continues to close borders with Morocco since the mid-Nineties. AaAa Bilateral trade exchanges have barely totaled 1.15 million dollars in 2008.
Copyright Agence Maghreb Arabe Presse (MAP). All rights reserved.
Provided by Syndigate.info an Albawaba.com company
|Printer friendly Cite/link Email Feedback|
|Publication:||Agence Maghreb Arabe Presse (MAP)|
|Date:||Oct 21, 2009|
|Previous Article:||HM the King lays foundation stone of a cultural and administrative complex in Casablanca.|
|Next Article:||Morocco seeks best ways to penetrate British agriculture market.|