{"id":241333,"date":"2024-10-29T11:53:05","date_gmt":"2024-10-29T11:53:05","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/10\/29\/morocco-france-seal-economic-deals-on-macrons-state-visit\/"},"modified":"2024-10-29T11:53:05","modified_gmt":"2024-10-29T11:53:05","slug":"morocco-france-seal-economic-deals-on-macrons-state-visit","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/10\/29\/morocco-france-seal-economic-deals-on-macrons-state-visit\/","title":{"rendered":"Morocco, France\u00a0seal economic deals on Macron\u2019s State visit"},"content":{"rendered":"<p><\/p>\n<div>\n<p>By Edward\u00a0Acquah<\/p>\n<p>Rabat, Oct. 29, GNA-\u00a0Morocco and France on Monday night signed bilateral agreements covering several sectors to promote economic development and forge strategic partnerships into the future.<\/p>\n<p>The\u00a0signing\u00a0forms\u00a0part of the activities marking President Emmanuel Macron\u2019s three-day State visit to Morocco, at the invitation of His Majesty King Mohammed VI.<\/p>\n<p>A statement issued by the Royal Palace said Mr Macron and King Mohammed VI chaired the signing ceremonies.<\/p>\n<p>The first agreement to be signed was\u00a0a Memorandum of Understanding on the supply of high-speed train sets and their supporting elements, followed by a Declaration of Intent on financial cooperation in the railway sector.<\/p>\n<p>Another<strong>\u00a0<\/strong>agreement was an assistance contract between Morocco\u2019s National Railways Office (ONCF)\u00a0and the SYSTRA\/EGIS Company, in addition to equipment supply contract between the ONCF and VOSSLOH COGIFER.<\/p>\n<p>Morocco\u2019s Government also signed an\u00a0MoU\u00a0with\u00a0SAFRAN company to build a maintenance and repairing site for aircraft engines.<\/p>\n<p>Under the terms of the agreement, the Company planned to carry out an investment project consisting of the construction and equipping of the maintenance and repair (MRO) workshop of LEAP aircraft engines, with an investment worth nearly \u20ac130 million.<\/p>\n<p>Following Morocco\u2019s offer\u00a0to develop the green hydrogen sector,\u00a0the two countries signed a preliminary contract, in which Morocco would mobilise the land and exclusively reserve it for the investor under the conditions laid down by the contract, in return for the investor\u2019s compliance with all its obligations.<\/p>\n<p>They\u00a0also signed an\u00a0MoU\u00a0for the creation of a Morocco-France investment accelerator \u2013 an equal partnership to stimulate investment throughout Morocco, including the southern provinces, and creation of a 50\/50 joint venture dedicated to sustainable infrastructure, with a capital of \u20ac300 million.<\/p>\n<p>Earlier,\u00a0King Mohammed VI and President Macron signed the Declaration on \u201cthe reinforced exceptional partnership\u201d between the Kingdom of Morocco and the French Republic, aimed at enabling the two countries to better address shared challenges.<\/p>\n<p>Under the partnership, France and Morocco would work together<em>\u00a0<\/em>to<em>\u00a0<\/em>deepen and modernise their partnership to promote economic development, social cohesion and their \u201cstrategic autonomy.\u201d<\/p>\n<p>President Macron and his spouse, Brigitte Macron touched down at the Rabat-Sal\u00e9\u00a0Airport Monday afternoon to begin his three-day visit to Morocco from October 28 to October 30, 2024, at the invitation of King Mohammed VI.<\/p>\n<p>Mr Macron is also expected to address the Moroccan Parliament on Tuesday, October 29, 2024 and proceed with other official activities before his departure on Wednesday, October 30, 2024.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>By Edward\u00a0Acquah Rabat, Oct. 29, GNA-\u00a0Morocco and France on Monday night signed bilateral agreements covering several sectors to promote economic development and forge strategic partnerships into the future. The\u00a0signing\u00a0forms\u00a0part of the activities marking President Emmanuel Macron\u2019s three-day State visit to Morocco, at the invitation of His Majesty King Mohammed VI. A statement issued by the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":241334,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-241333","post","type-post","status-publish","format-standard","has-post-thumbnail","category-top-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Morocco, France\u00a0seal economic deals on Macron\u2019s State visit - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/10\/29\/morocco-france-seal-economic-deals-on-macrons-state-visit\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Morocco, France\u00a0seal economic deals on Macron\u2019s State visit - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"By Edward\u00a0Acquah Rabat, Oct. 29, GNA-\u00a0Morocco and France on Monday night signed bilateral agreements covering several sectors to promote economic development and forge strategic partnerships into the future. The\u00a0signing\u00a0forms\u00a0part of the activities marking President Emmanuel Macron\u2019s three-day State visit to Morocco, at the invitation of His Majesty King Mohammed VI. 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