India and Morocco launch Chamber of Commerce and Industry

Posted on:01 Jun 2016 14:28:30
India and Morocco launch Chamber of Commerce and Industry
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.

Monthly Current Affairs

Current Affairs Section

Daily Current Affairs Quiz

Subscribe to Current Affairs

Enter your email to get daily current affairs

Current Affairs November 2017

22 NOVEMBER
NEWS
21 NOVEMBER
NEWS
20 NOVEMBER
NEWS
19 NOVEMBER
NEWS

Current Affairs October 2017

31 OCTOBER
NEWS
30 OCTOBER
NEWS
29 OCTOBER
NEWS
28 OCTOBER
NEWS

Current Affairs September 2017

30 SEPTEMBER
NEWS
28 SEPTEMBER
NEWS
27 SEPTEMBER
NEWS
26 SEPTEMBER
NEWS