USA increases contribution to investment promotion in Morocco

Morocco and the USA have amended a bilateral understanding protocol, signed in June 2000, on promotion of internal and external investments. The amendment brings the US contribution to US$ 7.21 million, an increase by US$ 1.31 million of the amount previously agreed upon.

The agreement provides for a set of actions to improve the administrative and legal framework and consolidate the institutional capacity of some associations and micro-finance institutions.