Moroccan Government Spokesperson Mustapha Baitas announced that the cooperation agreement signed with Israel in the field of trade and economy was approved.
At the press conference held after the cabinet meeting, Baitas said, “We approved the draft law foreseeing the economic and commercial cooperation agreement signed in Rabat on February 21 between Morocco and Israel.”
Government Spokesperson Baitas added that the draft law on the agreement was submitted by Industry and Trade Minister Ryad Mezzour on behalf of Foreign Minister Nasser Bourita.
The draft law, approved by the government, is expected to enter into force by being published in the official gazette if it is sent to the two chambers of the parliament (deputies and advisors) for voting and approval.
Morocco and Israel signed an agreement on February 21, aimed at strengthening bilateral trade cooperation and joint investments in the economic field.
Moroccan Industry and Trade Minister Ryad Mezzour stated at that time that the agreement aimed to develop economic and commercial cooperation such as food industry, medicine, agriculture, textile, automobile, and aviation.