Business

CASABLANCA – Pakistan and Morocco have inked a memorandum of understanding (MoU) on setting up a joint business council in Casablanca.

The MoU was signed by Vice President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Ishtiaq Baig and President of Moroccan Federation of Chambers of Commerce, Industry and Services, Mustapha Amhal in Islamabad.

The aim of establishing the joint business council is to enhance economic cooperation between the two countries in trade, investment, technology transfer, services and other industrial sectors.

The forum, comprising Pakistani and Moroccan businessmen, will not only discuss means of promotion of economic cooperation but also make recommendations to the respective governments in this regard. – APP