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Morocco and Serbia sign three cooperation agreements

Morocco and Serbia signed on Wednesday in Rabat, three cooperation agreements in the fields of trade, tourism and culture.

Two of these agreements were signed by the Minister of Tourism, Air Transport, Handicrafts and Social Economy, Mohamed Sajid, and the Vice President of the Serbian Government and Minister of Trade, Tourism and Telecommunications, Rasim Ljajic, on the sidelines of the 2nd session of the Morocco-Serbia Joint Commission.

The first agreement deals with trade and economic cooperation, and aims at facilitating and developing long-term trade in goods and services between the two countries. A joint commission for trade and investment will be established to monitor and enforce the provisions of this agreement. The two ministers also signed a memorandum of understanding that aims to strengthen and promote cooperation in the field of tourism on the basis of reciprocity and mutual benefit.

A specialized working group will be established to oversee the implementation and monitoring of the provisions of the memorandum, while taking the necessary measures to encourage and expand tourism exchanges between the two countries. In addition, the Director of the National Library of the Kingdom of Morocco (BNRM), Mohamed El Ferrane, and the Serbian Ambassador to Morocco, Sladjana Prica, have signed a protocol of cooperation between the BNRM and the National Library of Serbia.

Under this Protocol, the Parties undertake to establish mutually beneficial cooperation in the fields of information science and libraries, including through the exchange of professional, bibliographic, scientific and technical publications.

The second session of this commission aims to boost trade between Morocco and Serbia which are still below the potential of the two economies with an overall volume of 184.6 million dirhams in 2017 including 131.4 million dirhams of imports.

Mr. Ljajic is on a working visit to the Kingdom at the head of a large delegation of government officials, businessmen and economic actors in the fields of trade and tourism.

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