Morocco, Catalonia create economic development foundation

Morocco and the Spanish region of Catalonia (30% of Spain's GDP) created a joint foundation for economic development to strengthen Spanish investors' presence in the kingdom.

The announcement was made at a meeting between Moroccan minister of economic and general affairs and economy upgrade, Abderrazek El Mossadeq, and head of the Barcelona trade chamber, Miquel Valls, currently leading a business delegation on a visit to Morocco.