“Morocco and Saudi Arabia Joint Fund for SMEs: Boosting Bilateral Trade and Investment”

2023-05-09 19:15:00

(Ecofin Agency) – Morocco and Saudi Arabia plan to create a joint fund to support small and medium-sized enterprises (SMEs) for export and investment, local media reported quoting a statement of the President of the Moroccan-Saudi Business Council, Khalid Benjelloun, to the newspaper Iqtisad al Sharq. This project will see the participation of the private and public sectors of both countries and aims to increase the volume of bilateral trade.

“The fund will serve as a one-stop shop to facilitate financing and logistics procedures to support the orientation of companies towards export and investment between the two countries. »revealed Mr. Benjelloun.

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