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Bank Al-Maghrib and Bank of Mauritius sign cooperation agreements

Bank Al-Maghrib (BAM) and the Bank of Mauritius (BoM) concluded in Washington, two Cooperation Agreements.

Ratified by Governor of Bank Al-Maghrib Abdellatif Jouahri and Governor of the Bank of Mauritius Yandraduth Googoolye, on the sidelines of the 2019 International Monetary Fund and World Bank annual meetings held in Washington on Oct. 14-20, the two agreements cover areas of banking control, exchange of information and general cooperation between the two institutions, said the BAM in a statement.

These agreements reflect the desire shared by the two central banks to maintain strong and lasting relationships, and underline their willingness to further enhance experience-sharing in all areas falling within their remit as central banks.

The agreements also aim to set up a formal framework for bilateral relationships and to strengthen cooperation and partnership between the two institutions.

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