(MENAFN- AzerNews) The European Union (EU) and Morocco signed on Thursday five
agreements with a total value of 498 million euros (526.78 million
U.S. dollars) to support Morocco's development, the Moroccan
Ministry of Finance said in a statement.
The agreements were signed by the European Commissioner for
Neighborhood and Enlargement Oliver Varhelyi and Moroccan Minister
Delegate in charge of the Budget Fouzi Lekjaa, it added.
The funds will be used to strengthen Morocco's programs on
social protection, facilitate the country's green transition,
public administration reform, migration management and its
citizens' access to financial services, it added.
Oliver Varhelyi arrived in Rabat on Wednesday for a three-day
visit that aimed at strengthening the strategic and multiform
partnership between Rabat and Brussels, according to a statement by
the EU.
The visit is part of the implementation of the Joint Political
Declaration, which was adopted in June 2019 and aimed at giving a
new impetus to advance EU's relations with its southern neighbor,
the statement said.
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