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Italy cancels 20 million Euro debt owed by Morocco
Morocco-Italy, Economics, 5/11/2004
Italy has cancelled 20 million Euros of debts owed by Morocco, announced this Monday Moroccan delegate-minister for foreign affairs and cooperation, Taib Fassi Fihri, following a meeting with an Italian official.
Italy decided to write off this debt in solidarity with Morocco, following the earthquake that rocked last February the northeastern region of Al-Hoceima, Fassi Fihri told MAP at the end of a session with under-secretary of state at the Italian foreign ministry, Alfredo Mantica.
Morocco and Italy have also signed the 2004-2006 program of cultural, scientific and technological cooperation, outlining joint activities in sports, youth, telecommunication, scientific research and culture areas, added the Moroccan official.
Previous Stories:
Morocco, Italy probe consolidation of fisheries cooperation
(4/22/2004)
Some 90 Italian companies to showcase their products in Morocco
(10/11/2003)
Italy to build tourism complex northern Morocco
(8/15/2003)
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