Vietnam and Morocco signed an agreement on investment encouragementand protection in the Moroccan capital city of Rabat on June 15.
Speaking after the signing ceremony, Vietnamese Deputy ForeignMinister Bui Thanh Son affirmed the Vietnamese Government’sdetermination to strengthen cooperation with Morocco and join thiscountry’s development efforts through boosting investment in theMoroccan market.
Moroccan Minister of Economy andFinance Nizar Baraka stressed that the agreement will help increase theflow of trade and investment between the two countries.
He said through this agreement, the Moroccan Government wants to luremore foreign investment from Vietnam , which enjoys stable economicgrowths.
The agreement will also open upopportunities for the two countries’ businesses to penetrate deeper ineach other’s market, thus promoting bilateral trade, he added.
On the same day, Deputy Minister Son met with Moroccan Minister ofForeign Affairs and Cooperation Saad Dine El Otmani to discuss measuresto strengthen cooperation between the two countries, especially ineconomics.-VNA
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