Today the two leaders, King Mohammed VI and President Paul Kagame chaired the signing of the cooperation agreement comprising 19 agreements in Village Urugwiro.
The agreements would have the two countries engage in developing agriculture, housing, vocational training, finances, taxes and banking sector, new technologies, air transportation, tourism, renewable energy, and seek to foster the legal framework.
The agreements are in line with the royal will that intends to reinforce the South-South partnership.
The agreements include the: a general cooperation agreement, memorandum of understanding to establish a mechanism for political consultations, an agreement on air services, agreement on visa exemption for holders of diplomatic service or special passports inked by Moroccan foreign minister Salaheddine Mezouar and Rwandan peer Louise Mushikiwabo.
The security cooperation agreement was inked by Minister of Justice Johnston Busingye.
An agreement to avoid double taxation and tax evasion regarding income taxes, inked by economy minister Mohamed Boussaid and minister of finances and economic planning Claver Gatete including the partnership agreement between the Rwandan finances and economic planning ministry and Moroccan “Groupe Banque centrale populaire” on carrying out a micro-finance program inked by chairman of the board of directors of Groupe Banque centrale populaire Mohamed Benchaaboun, a general agreement between the Rwandan finances and economic planning ministry and the Groupe Banque centrale populaire (Africa Mutual Growth).
An agreement on the promotion and reciprocal protection of investment, inked by Mohamed Boussaid and CEO of Rwanda Development Board (RDB) also member of the Rwandan government Francis Gatare.
A partnership agreement between the Moroccan tourism office (ONMT) and the Rwandan Development Board, signed by ONMT director general Abderrafie Zouiten and Francis Gatare.
A memorandum of understanding between the Republic of Rwanda and the Moroccan company for pharmaceutical cooperation (Cooper Pharma) and Bank of Africa-Rwanda inked by Moroccan CEO of Cooper Pharma Jaouad Cheikh Lahlou and CEO of Bank of Africa Othman Benjelloun, and Francis Gatare.
A memorandum of understanding on cooperation between Casablanca Finance City Authority (CFCA) and the RDB to reinforce and develop their shared interests, signed by director general of CFCA, Said Ibrahimi and Francis Gatare.
A memorandum of understanding on the establishment of the African Institute for Technology, inked by director general of the national company for transportation and logistics (SNTL) Mohamed Ben Ouda and Francis Gatare including the memorandum of understanding to establish a partnership for the development and promotion of an economic zone in Rwanda.
An agreement on the establishment of a Moroccan-Rwandan Business Council between the Moroccan Employers’ Association CGEM and the Rwandan Private Sector Federation (PSF), signed by president of CGEM Miriem Bensalah-Chaqroun and PSF president Benjamin Gasamagera.
A memorandum of understanding between MASEN and Rwanda Energy Group Ldt for renewable energy development, signed by chairman of MASEN board Mustapha Bakkoury and director general of Rwanda Energy Group Ldt Jean Bosco Mugiraneza.
A memorandum of understanding to finance the project of building 5,000 economic houses in Kigali (Ndera commune), signed on the Moroccan side by CEO of “Palmeraie Développement” Hicham Berrada Sounni and Othman Benjelloun, and director general of the Development Bank of Rwanda Alex Kanyankole.
An agreement between Attijariwafa Bank and shareholders of the “Compagnie Générale de Banque” (Cogebanque), inked by president of Attijariwafa Bank Mohamed El Kettani and representatives of Cogebanque shareholders Philbert Afrika and Égide Gatera. A memorandum of understanding to promote and secure investment and foreign exchanges by Attijariwafa-Bank, inked by Mohamed El Kettani and Philbert Afrika.
The signing ceremony was attended by the official delegation accompanying HM Mohammed VI, members of the Rwandan government and economic operators from the two countries.