SME Times is powered by   
Search News
Just in:   • Committed to nurture next-gen innovation in 6G technology: Jyotiraditya Scindia  • Europe facing earlier, stronger heatwaves: Climate scientist  • India and Namibia sign two MOUs in fields of health and entrepreneurship  • PM Modi arrives in Delhi after concluding 'productive and successful' 5-nation tour  • ASEAN to keep on consensus, inclusivity: Malaysian official 
Last updated: 27 Sep, 2014  

Handshake.9.Thmb.jpg India, Morocco to expand trade cooperation

Handshake.9.jpg
   Top Stories
» Committed to nurture next-gen innovation in 6G technology: Jyotiraditya Scindia
» Piyush Goyal holds talks with Malaysian minister on review of ASEAN trade pact
» India and OPEC have a unique and symbiotic relationship: Hardeep Puri
» SIP inflows hit all-time high in June, total AUM for equity MF at Rs 74.41 lakh crore
» India set to explore over 2.5 lakh sq kms area in one of largest offshore energy efforts
SME Times News Bureau | 03 Feb, 2014

India and Morocco have identified pharmaceuticals, agriculture, automobiles and renewable energy as new areas of collaboration to boost their economic relationship, the external affairs ministry said Saturday.

External Affairs Minister Salman Khurshid, who is on a visit to Morocco, met his counterpart Salaheddine Mezouar and exchanged views on regional and global issues of common concern, including international terrorism, a statement said.

The two sides agreed that their foreign office consultations would be held later this year. Khurshid extended an invitation to Mezouar to visit India at a mutually convenient date.

He said after his meeting with Mezouar that the two countries explored ways and means of diversifying their "phosphate-centric" economic and commercial relations which have an "immense untapped potential".

"To further boost economic cooperation, we have also identified new areas of collaboration such as pharmaceuticals, agriculture, automobiles and renewable energy," he said.

Khurshid said India and Morocco have deep-rooted historical links from the days of the famous Moroccan traveller Ibn Batuta in the 14th century and the ties had strengthened since diplomatic relations were established in 1957.

"Our bilateral relations are warm and cordial. There are hardly any areas of divergence of views on bilateral relations," he said.

He said India sees Morocco as a model country, a pillar of stability and progress and an emerging economy.

"We deeply appreciate Morocco's support to India in the UN and other multilateral fora, in particular for the expression of support for a permanent seat for India in a reformed and expanded UN Security Council," Khurshid said.

He said India had proposed setting up of an Information and Communication Technology (ICT) centre in Morocco and was taking steps to implement the proposal.

India was also willing to offer additional slots and scholarships to Morocco for training and higher education under various schemes of the Indian government, he said.

India and Morocco signed two memorandums of understanding concerning cooperation in marine fisheries and environment.

Khurshid is on a seven-day visit to Morocco, Tunisia and Sudan that will end Feb 5.

 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
84.35
82.60
UK Pound
106.35
102.90
Euro
92.50
89.35
Japanese Yen 55.05 53.40
As on 12 Oct, 2024
  Daily Poll
Do you think Indian businesses will be negatively affected by Trump's America First Policy?
 Yes
 No
 Can't Say
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter