Iran, Morocco Sign 5 MoUs on Cooperation

TEHRAN (FNA) – Iran and Morocco have signed 5 MoUs on bilateral economic and trade cooperation.

Iranian commerce minister Massoud Mir Kazemi and Moroccan minister of foreign trade Abdul Latif Mazouz have signed the deals at the end of the 5th session of Iran Morocco joint trade and economic commission which started on February 23rd 2008, MNA said.

The two ministers also signed four agreements on Tehran Rabat cooperation in the fields of shipping, custom duties, tourism and industrial activities.

Iran and Morocco experienced a growing trade relation during the past couple of years. Latest figures show that the volume of the 2 countries non oil trade exchanges stood at more than USD 14 million in the first 2 quarters of the current Iranian calendar year.