EU Grants Morocco 60 Million Euros to Develop the Agricultural Sector

EU Grants Morocco 60 Million Euros to Develop the Agricultural Sector

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EU Grants Morocco 60 Million Euros to Develop the Agricultural Sector

The European Union has granted Morocco 60 million euros to finance the second phase of Morocco’s support program of the agricultural sector policy.

The funding convention was signed by the Minister of Economy and Finance Mohammed Boussaid, Minister of Agriculture and Fisheries Aziz Akhannouch, and EU delegation to Morocco Head Ambassador Rupert Joy. The convention aims to improve the income of small farmers.

This new program will provide for the strengthening of several production sectors, development of many local products and the increase in operational and monitoring capacities of the Ministry of Agriculture and Marine fisheries. It will strengthen the performance of the agricultural sector in Morocco in order to make it more competitive and more environment-friendly and contribute more to national food security.

The EU official said that the program, which focuses on considering the environmental dimension and climate change in agricultural development while promoting inclusion of rural women and youth in the different projects, confirms the importance the EU attaches to a balanced and inclusive agricultural development in Morocco.

Mohammed Boussaid said that this program will have significant socio-economic benefits in the coming years and constitutes an important step in achieving the objectives set in the agricultural sector.

The Moroccan Times.