Public Management

Morocco, Israel ink deal to mark complete diplomatic relations

Morocco, Israel ink deal to mark complete diplomatic relations
Wednesday, 23 December 2020 14:34

Israel and Morocco continue the process of warming their relations, which officially started a few days ago. On Tuesday, December 22, they signed an agreement to quickly establish "full" diplomatic relations.
According to the declaration, the two countries agreed to "resume without delay full official contacts and to establish full, peaceful and friendly diplomatic relations.”

The document lays the foundation for better cooperation between the two countries. It encompasses several sectors such as trade, finance and investment, innovation and technology, civil aviation, visas and consular services, tourism, water, agriculture, and food security among others.

The statement comes as the two countries inaugurated their first direct commercial flight on December 22, with Jared Kushner, advisor to U.S. President Donald Trump, on board.

His arrival in Rabat with the Israeli National Security Advisor, Meir Ben-Shabbat, underlines the important role played by the U.S. in this diplomatic rapprochement which also involved the recognition by Washington of Moroccan sovereignty over the disputed territory of Western Sahara.

"The United States will encourage economic and social development with Morocco, including in the territory of Western Sahara," said the new tripartite declaration. To this end, the United States will open a consulate in the territory of Western Sahara, in Dakhla, to promote economic and commercial opportunities for the region," the document revealed.

Moutiou Adjibi Nourou

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Dutch Good Growth Fund invests $3 million in First Circle Capital FCC backs early-stage African fintech startups continent-wide Fintech leads...
UBA moves beyond remittances with integrated banking and investment services Remittance flows to Africa exceed $100 billion a...
BiasharaLink and Deal House aim to support AfCFTA implementation Platforms seek to turn African diplomatic missions into trade...
Dakar-based ICF opens representation office in Abidjan Côte d’Ivoire hosts 18 of WAEMU’s 38 licensed brokerage firms BRVM equity market cap...
Most Read
01

Absa Kenya hires M-PESA’s Sitoyo Lopokoiyit, signalling a shift from branch banking to a telecom-s...

Absa Kenya Imports a Telecom Playbook in Bid to Reinvent Retail Banking
02

Ziidi Trader enables NSE share trading via M-Pesa M-Pesa revenue rose 15.2% to 161.1 billio...

Safaricom launches M-Pesa platform for stock trading in Kenya
03

MTN Group has no official presence in the Democratic Republic of Congo, where the mobile market is d...

DRC Accuses MTN of Illegal Operations, Spotlighting Border Frequency Issues
04

This week in Africa, Africa CDC is stepping up its drive for health sovereignty, building new partne...

Weekly Health Update | Africa CDC Advances Health Sovereignty Efforts
05

Ghana has 50,000 tonnes unsold cocoa at ports Cocoa prices fell from $13,000 to around ...

After Côte d’Ivoire, Ghana Faces Cocoa Stock Build-Up as Prices Collapse
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.