Morocco King and Rwandan Head of State Chair Signing Ceremony of 19 Agreements

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HM King Mohammed VI, accompanied by HH Prince Moulay Ismail, and His Excellency Rwandan President Paul Kagamé, chaired, on Wednesday in Kigali, the signing ceremony of 19 agreements, including government and private sector agreements.

The agreements, which concern the different sectors as agriculture, housing, vocational training, finances, taxes and banking sector, new technologies, air transportation, tourism and renewable energy, seek to foster the legal framework governing bilateral cooperation. They are in line with the royal will to reinforce South-South partnership.

They are:

A general cooperation agreement, inked by foreign minister Salaheddine Mezouar and Rwandan peer Louise Mushikiwabo.

A memorandum of understanding to establish a mechanism for political consultations, inked by Salaheddine Mezouar and Louise Mushikiwabo.

An agreement on air services, signed by Salaheddine Mezouar and Louise Mushikiwabo.

An agreement on visa exemption for holders of diplomatic, service or special passports, signed by Salaheddine Mezouar and Louise Mushikiwabo.

An agreement on security cooperation, inked by interior minister Mohamed Hassad and Rwandan justice minister Johnston Busingye.

An agreement to avoid double taxation and tax evasion regarding income taxes, inked by economy minister Mohamed Boussaid and Rwandan minister of finances and economic planning Claver Gatete.

A partnership agreement between the Rwandan finances and economic planning ministry and Moroccan “Groupe Banque centrale populaire” on carrying out a micro-finance program. It was inked by chairman of the board of directors of Groupe Banque centrale populaire Mohamed Benchaaboun and Claver Gatete.

A general agreement between the Rwandan finances and economic planning ministry and the Groupe Banque centrale populaire (Africa Mutual Growth), inked by Mohamed Benchaaboun and Claver Gatete.

An agreement on the promotion and reciprocal protection of investment, inked by Mohamed Boussaid and CEO of Rwanda Development Board (RDB) and 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. It was inked on the Moroccan side by CEO of Cooper Pharma Jaouad Cheikh Lahlou and CEO of Bank of Africa Othman Benjelloun, and on the Rwandan side by 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.

A memorandum of understanding to establish a partnership for the development and promotion of an economic zone in Rwanda, inked by Mohamed Ben Ouda and Francis Gatare.

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 on the Rwandan side by 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 members of the official delegation accompanying HM the King, members of the Rwandan government and economic operators from the two countries.

MAP 19 October 2016

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