Egyptian - Moroccan commercial committee convenes in Rabat in coming September

The joint Egyptian - Moroccan commercial committee will convene in Rabat (Morocco) under the chairmanship of Egyptian minister of economy and foreign trade Yusef Botros Ghali and counterpart Alami Tazi at the end of coming September.

Following up the resolutions of the previous supreme committee will take place. The previous meeting was held in Cairo under the chairmanship of the Egyptian President Hosni Mubarak and King Mohammed the 6th of Morocco last May.

The economic report referred that the commercial exchange volume has increased during the first 6 months of the current year to 25 million dollars from 18 millions during the same period of last year and is expected to reach 50 million dollars in 2000 in return of 37 million dollars during 1999.

It is worth noting that the two states had set a goal of increasing trade to $200 million per year.