Islamic trade center, Arab investors club agree to foster cooperation

Islamic Center for the Development of Trade (ICDT) signed in Casablanca on Thursday a cooperation agreement with the Club of Arab Investors to strengthen bilateral cooperation.

ICDT director, Allal Rachdi, and chairman of the Club of Arab Investment in Morocco, Jamal Ba Amer, initialled the accord that aims to encourage and promote Arab investments and trade dealings in Morocco.

Under the agreement, the signatories will exchange information in the realms of investment, trade, industry and services to facilitate and boost Arab investments in Morocco.

In the same connection, ICDT and the Club of Arab Investors agreed to create an information center that will explore business opportunities in the Arab and Islamic world.

The two institutions also decided to implement and publish studies and research on investment issues and inter-Arab trade, and to jointly participate in trade events.

The agreement allows officials of the Arab Investors Club to profit of training in ICDT.