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EU grants Morocco us $69 mln for structural adjustment of transport sector
Morocco-European Union, Economics, 5/1/2003

BRUSSELS, Apr.30 (MAP)- The European Union granted Morocco on Tuesday over a US $69 million package to fund a structural adjustment program of the transport sector, says a release of the EU Mission in Morocco.

The amount is part of MEDA II, the main financial instrument of the European Union for the implementation of the Euro-Mediterranean Partnership that offers technical and financial support measures to accompany the reform of economic and social structures in Mediterranean partner countries.

Previous Stories:
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  IMF experts see rise in Moroccan currency over long period   (4/30/2003)
  EU launches risk-capital fund for Mediterranean   (4/26/2003)
  European Investment Bank to open office in morocco   (3/29/2003)
  Morocco's tomato exporters call for new agreement with EU   (3/25/2003)

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