Compact Signing Ceremony with Morocco


In a signing ceremony on Aug. 31, 2007 officiated by His Majesty King Mohammed VI in Tetouan, Morocco, MCC and Morocco signed a $697.5 million Compact designed to stimulate sustainable economic growth. During the ceremony, Moroccan Prime Minister Driss Jettou and Ambassador Danilovich delivered remarks.

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Morocco Compact

The compact will increase productivity and improve employment in high-growth sectors like fruit tree productivity, fisheries and artisan crafts. Financial services investments and enterprise support will complement small business creation and economic growth.