Israel hopes to triple trade with Morocco

Israel and Morocco signed a trade and investment cooperation deal yesterday. The two countries agreed to develop bilateral economic and trade relations, increase cooperation, hold joint conferences, put in place some customs exemptions and establish a joint committee to implement the measures.

Before signing on the agreement with her Moroccan counterpart, Ryad Mezzour, Barbivai met with Moroccan Finance Minister Nadia Fettah Alaoui to discuss possible agreements on investment incentives, customs cooperation and double taxation. Fettah Alaoui hailed the progress made in economic cooperation since the two countries signed the Abraham Accords in 2020.