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Agreements signed between Morocco and South Korea

Head of Government Saâd-Eddine El Othmani and South Korean Prime Minister Lee Nak-yeon chaired the signing ceremony of six agreements covering, in particular, the fields of higher education, renewable energies, automotive, networks and investment promotion.

These agreements, which follow the work and friendship of the Korean leader in Morocco at the head of a large delegation, concern a memorandum of understanding for cooperation in the field of higher education by the Minister of National Education, Vocational Training, Higher Education and Scientific Research, Said Amzazi, and South Korean Deputy Foreign Minister Cho Hyun.

It is also an agreement in the form of an exchange of letters concerning the project for the establishment of the research and development platform dedicated to green buildings and smart grids “Green and Smart Building Park”, initialed by the secretary Minister of Foreign Affairs and International Cooperation, Mounia Boucetta, and the Ambassador of the Republic of Korea in Rabat, Seong Deok Yun.

In addition, a memorandum of understanding relating to the follow-up of the “project to set up the training institute for the trades of the Casablanca automobile industry” was signed by the Secretary of State in charge of vocational training, Mohamed Gherras, and Korea International Cooperation Agency (KOICA) President Mikyung Lee.

On the other hand, a memorandum of understanding between the Moroccan Agency for Sustainable Energy (MASEN) and KOICA on the follow-up of the project “setting up R&D capabilities on intelligent multi-micro-networks”, has was signed by MASEN’s Chairman of the Board, Mustapha Bakkoury, and the President of KOICA.

In addition, there is mention of a memorandum of understanding between the Moroccan Agency for Investment Development (AMDIE) and the Korea Trade and Investment Promotion Agency (KOTRA), signed by their respective managing directors, Hicham Boudraa and Pyung-oh Kwon, as well as a Memorandum of Understanding between the Solar Energy and New Energy Research Institute (IRESEN) and Korea Electronics Technolgy Institute (KETI).

Speaking after a meeting with the Head of Government, which was crowned by the signing of the six agreements, the South Korean Prime Minister affirmed that the ancestral friendship relations between Morocco and his country are called to become “more concrete”, pointing out that the two countries are united by a long history of friendship dating back 56 years.

Recalling that Morocco is the first African country having opened an embassy in South Korea, Nak-yeon stressed that this visit will be able to accelerate the relations between the two countries and achieve results that would be up to these ancestral relationships.

Several Korean companies are investing in Morocco, particularly in the industrial field, creating opportunities for work and exchange of expertise, he said, ensuring that the Korean government will encourage these companies to continue this momentum.

The delegation of 37 Korean businessmen visiting Morocco will have the opportunity to meet with Moroccan partners to exploit the existing opportunities in the Kingdom which is the gateway to the African continent, he said.

For his part, El Othmani said the visit will provide a new impetus for economic relations between the two countries as well as an opportunity to examine the possibilities of promoting Korean investments in the Kingdom, noting that the agreements signed. This shows that relations between Morocco and South Korea are more oriented towards pragmatic and concrete cooperation. During the meeting, it was also discussed Morocco/Korea/Africa tripartite relations to increase the level of African cooperation in development, scientific research and economic support, he said. added, noting that this cooperation is very important for all parties, especially for African countries.

In addition, the Prime Minister thanked the Prime Minister of South Korea for his country’s position in support of Morocco to find a solution to the conflict over the Moroccan Sahara by supporting the efforts of the UN Secretary-General and the decisions of the UN Security Council.

He congratulated the prime minister on the rapprochement between the two Koreans and on South Korea’s approach to ending the conflict on the Korean peninsula with a focus on dialogue and understanding.

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