India and Morocco launch Chamber of Commerce and Industry
Free Current Affairs to Your Email
Posted on:01 Jun 2016 14:28:30
01 June 2016 Current Affairs: India and Morocco has launched the India-Morocco Chamber of Commerce and Industry (IMCCI) in Rabat, Morocco on 31 May 2016.
The chamber was jointly launched by visiting Vice President Hamid Ansari and Moroccan Prime Minister Abdelilah Benkirane.
The IMCCI was launched to accelerate the pace of economic development between the two nations.
Morocco has recently emerged as a favoured destination for investments by Indian firms that Indian companies have cumulatively invested more than 320 million US dollars in Morocco, including in the flagship project, the Indo-Maroc Phosphore SA joint venture.
Besides, India and Morocco have concluded five Memorandums of Understanding (MoUs) covering fields as diverse as water resources, television broadcasting, institutional cooperation and cultural and educational exchanges, further providing venues for enhanced cooperation.
FreshersLive - No.1 Job site in India. Fresherslive Current Affairs 2017 section offers informative quiz questions with answers regarding latest current affairs today for all sorts of competitive exams like UPSC, TNPSC , IFS, IAS, IPS, railway exams (RRB) and banking exams like IPBS PO, IPBS clerk, Federal Bank PO, ICICI, SBI, RBI legal officer & Grade officer posts and much more. Register with us to get latest Current Affairs Updates. Also get latest Current Affairs news and quiz Updates for free alerts daily through E-mail