Government Council to Approve Morocco-Brazzaville Investment Agreement

By on June 6, 2018

Head of Government Saad Eddine El Othmani will chair a government council meeting on Thursday, convened to examine different proposed decrees and discuss a bilateral agreement signed between Morocco and the Republic of Congo in Brazzaville in April.

On Thursday, the government will review a proposed law related to the protection of plants, a draft decree on asset securitization, and a draft regulation regarding the National Education Ministry’s employees.

The council will also approve the Cong-Morocco investment related to the reciprocal promotion and preservation of investments that Morocco’s Minister of Economy and Finance Mohamed Boussaid and Minister of Foreign Affairs, Cooperation, and Congolese Abroad, Jean-Claude Gakosso signed to solidify the economic cooperation.

The agreement is one of Morocco and Congo’s  14 investment agreements, which cover different fields, signed on April 30 during the 1st Summit of the Climate Commission in Brazzaville to strengthen bilateral relations between the two countries.

On the previous Thursday’s meeting, the council approved a draft law on the Morocco-Congo agreement dedicated to preventing double taxation and tax evasion.

At the closing of the meeting, the council will consider the appointment of new senior officials, abiding by Chapter 92 of the country’s constitution.

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