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China donates Morocco 5,000 tons of wheat
Morocco-China, Economics, 9/6/2001
China has donated Morocco 5,100 tons of wheat to assist the north African country cope with the effects of the prevailing severe drought.
The returns of the wheat sales will be deposited in a special bank account, dubbed rural development fund, that finances development projects and activities in the rural world.
The collapse of agricultural production, especially cereals, entailed a drop of the agricultural value added of 9 billion dirhams (about $818.18 million) and an estimated loss of more than 52 work days.
The batch of wheat was received last Friday at the Casablanca port.
Previous Stories:
Chinese business delegation launches project in Agadir port
(5/25/2001)
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Moroccan - Chinese commission meets in Beijing
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