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King Mohammed starts Tuesday state visit to USA
Morocco-USA, Politics, 6/19/2000
Morocco's King Mohammed VI starts Tuesday a state visit to the United States of America at the invitation of President Bill Clinton.
A statement of the Moroccan royal household, protocol and chancellery said the sovereign would hold talks with the US chief executive, members of the US administration and top officials at the congress.
The king will also be awarded the Honoris-Causa doctorate by the George Washington University.
After Washington, the king will go to New York for a work session with US businessmen.
The US president said last week as he was receiving the credentials of Morocco's new ambassador to Washington, Abdellah Maaroufi, he was looking forward to meeting King Mohammed VI.
Clinton also lauded the kingdom's action to lay down foundations of democracy, consolidate the multi-party system and promote economic and social development. The US president also stressed the US administration resolve to support Morocco's march toward progress.
In addition to excellent political relations, Moroccan-US economic ties have been experiencing a steadfast growth. In 1999, Moroccan exports were worth $ 420 million, compared to $ 367 million a year before. Imports reached $ 552 million in 1998, growing by 20% compared to 1997 when imports had declined by 8% from 1997.
Meanwhile, US investments reached a record level in 1997 when they stood at $ 350 million, accounting for 28% of foreign investments in Morocco.
The two countries are bound by a package of agreements geared towards facilitating investments and trade exchanges. A Morocco-US council on trade and investments was set up in 1995 to inform US economic operators on investment opportunities in the kingdom.
The USA is Morocco's third partner, after France and Spain, in terms of trade and investments.
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