Morocco, Switzerland boost textile sector cooperation though agreement

24 Dec '21

1 min read

Pic: Lucian Coman | Dreamstime.com

The Swiss Federal Council and Morocco recently signed an amendment extending the Global Programme for Textiles and Clothing (GTEX) agreement, signed in November 2018. It was signed during a ceremony chaired by the Moroccan minister of industry and trade Ryad Mezzour and ambassador of Switzerland to Morocco Guillaume Scheurer.

The amendment falls within the framework of the Specific Agreement for the implementation of the GTEX in Morocco for the period 2019-2021.

The Swiss Federal Council has contributed to the programme with a financial amount of up to $1.8 million since its launch.

The new amendment suggests an additional budget granted to Morocco to cover activities planned for the period 2022-2023. The Moroccan government will allocate 10 per cent of this amount to cover the logistical and management aspects of the project.

This programme is aimed at improving the competitiveness of the textile and clothing sector, according to a Moroccan daily.

ALCHEMPro News Desk (DS)

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