USAID Earmarked $100 million to help Morocco, mission director
Morocco-USA, Economics, 10/26/2004

The USAID has earmarked $100 million that can be drawn from to help the Moroccan government achieve one of its priorities, namely the creation of jobs, said Monica Stein-Olson, newly appointed USAID mission director in Morocco.

Stein-Olson told "Le Matin" daily of Monday the American agency objectives for the 2004-2008 period aim to help Morocco benefit from several opportunities provided for by the Moroccan-US FTA, signed last June By Rabat and Washington.

In the FTA accompanying program, the USAID mission director said there are opportunities to improve business, agriculture and agri-business, adding the USAID lately got proposals as part of a five year programme meant to accompany the transformation of agriculture into a high value added producing sector.

Stein-Olson said cooperation between the two countries also focuses on education and training for employment to ease the problem of employment and fight illiteracy.

Previous Stories:
  Cabinet examines Morocco-U.S. FTA   (10/8/2004)
  Snow calls for up to 100 percent debt relief for poor countries   (10/4/2004)
  Means to help Moroccan and American companies take advantage of the FTA considered in Rabat   (9/6/2004)

Please add a link on your webiste pointing to ArabicNews.com and bookmark ArabicNews.com & subscribe to our daily email news bulletin.

Search