Morocco and Egypt to set up free trade zone, joint holding company

During its upcoming meeting, the Joint Egyptian-Moroccan Higher Committee is scheduled to ratify an agreement to establish an Egyptian-Moroccan free trade zone, a holding company to facilitate trade between the two countries in addition to other companies in a number of fields.

The head of the Department of the Egyptian-Moroccan Society stated that during its last meeting, the society discussed setting up a holding company in the countries' private sectors after this issue has been studied by the two governments for three years.