Vietnam and Morocco signed an agreement on investment encouragement
and protection in the Moroccan capital city of Rabat on June 15.
Speaking after the signing ceremony, Vietnamese Deputy Foreign
Minister Bui Thanh Son affirmed the Vietnamese Government’s
determination to strengthen cooperation with Morocco and join this
country’s development efforts through boosting investment in the
Moroccan market.
Moroccan Minister of Economy and
Finance Nizar Baraka stressed that the agreement will help increase the
flow of trade and investment between the two countries.
He said through this agreement, the Moroccan Government wants to lure
more foreign investment from Vietnam , which enjoys stable economic
growths.
The agreement will also open up
opportunities for the two countries’ businesses to penetrate deeper in
each other’s market, thus promoting bilateral trade, he added.
On the same day, Deputy Minister Son met with Moroccan Minister of
Foreign Affairs and Cooperation Saad Dine El Otmani to discuss measures
to strengthen cooperation between the two countries, especially in
economics.-VNA