Morocco, Switzerland boost textile sector cooperation though agreement

The Swiss Federal Council and Morocco just lately signed an modification extending the World-wide Programme for Textiles and Clothes (GTEX) settlement, signed in November 2018. It was signed throughout a ceremony chaired by the Moroccan minister of market and trade Ryad Mezzour and ambassador of Switzerland to Morocco Guillaume Scheurer.
The modification falls in just the framework of the Particular Settlement for the implementation of the GTEX in Morocco for the period of time 2019-2021.
The Swiss Federal Council has contributed to the programme with a economic amount of money of up to $1.8 million since its start.
The Swiss Federal Council and Morocco not long ago signed an amendment extending the International Programme for Textiles and Clothes (GTEX) settlement, signed in November 2018. The modification was signed through a ceremony chaired by Ryad Mezzour, minister of sector and trade in Moroccan, and Guillaume Scheurer, ambassador of Switzerland to Morocco.
The new amendment suggests an further spending budget granted to Morocco to cover pursuits prepared for the period 2022-2023. The Moroccan government will allocate 10 per cent of this amount to cover the logistical and administration features of the job.
This programme is aimed at improving the competitiveness of the textile and clothing sector, in accordance to a Moroccan daily.

Fibre2Fashion Information Desk (DS)

