Global Arab Network | Morocco and France sign nuclear and renewable energy agreements

Translate this article to your language:

GANPublications

e-Publications

Add Site to Favorites

Add Page to Favorites

Make Homepage

Share This Page

RSS Feed

--------------------------------------------------------------------------------------------------------------------
| |

Morocco and France sign nuclear and renewable energy agreements

Friday, 02 July 2010 13:06

Morocco & France sign nuclear, renewable energy & sustainable development agreements

Paris - Morocco and France signed, on Friday in Paris, twelve cooperation agreements on the occasion of the 10th Moroccan-French high meeting.

The agreements concern the sectors of civil nuclear energy, renewable energy, sustainable development, social welfare, fisheries, water and transport.

The high level meeting is held in Paris under the co-chairmanship of Prime minister Abbas El Fassi and his French counterpart François Fillon.

Morocco is the first destination of France's direct investments in MENA region and Africa, with these investments rising by 40% between 2006 and 2009, according to a survey on French investments abroad.

Dominique Bocquet, head of the economic department at France’s embassy in Rabat, noted at the presentation of the survey on Tuesday, that the number of French companies in Morocco jumped from 529 to 750 over the reporting period.

The survey also suggests that Morocco figures on top of the list of emerging countries receiving French investments, along with India and China.

In terms of the value of accumulated investments, the north African state comes first with €8.1 billion in 2008, a threefold increase over the past four years, against €6.9 billion for China and €1.9 billion for India.(MAP)

Global Arab Network

< Prev		Next >

Last Updated on Friday, 02 July 2010 13:17

Add comment

The opinions of the authors in articles published are theirs alone and do not necessarily reflect the views of Global Arab Network
------------------------------------------------------------------------------
Published comments are the opinions of private individuals and do not reflect the views of Global Arab Network