Morocco, Australia set up bilateral business council

ISLAMABAD: RABAT: Morocco and Australia launched on Sunday Australia Morocco Business Council (AMBC) to promote ties between business communities in the two countries.

The launching ceremony, which took place in the Moroccan city of Marrakech, was marked by the attendance of Australian Trade Minister Steven Ciobo and business leaders from the two countries.

“This event marks an important date in the development of relations between Australia and Morocco and further strengthens the historical ties binding the two countries,” the Australian embassy in Morocco hailed in a statement.

AMBC aims to provide mutual understanding, goodwill, and business enhancement services among the Moroccan and Australian business communities.

AMBC is expected also position as a platform for advocating for the establishment of formal trade facilitation vehicles between the two countries including trade agreements.