Morocco signed a Memorandum of understanding in the framework of the OECD

On June 25^th, 2019, the Government of Morocco signed the Memorandum of Understanding to renew the Country Programme on a 3-year period in the OECD framework.

Memorandum of understanding (MOU) is a non-binding agreement between two or more parties that sets out the terms and details of the understanding, including the requirements and obligations of each party. The Memorandum of understanding is often the first step in the formation of a formal contract, it is the OECD Country programme in this case.

The signing of the Memorandum is an important step in strengthening of cooperation between Morocco and the OECD.

The Memorandum will enable Morocco to implement the recommendations of the OECD, as well as other important tasks, such as fighting corruption, promoting investment and structural reforms.

Morocco's country programme includes 15 projects and policy reviews and possible accession to 20 OECD legal instruments.

On materials of the following website: http://www.oecd.org/newsroom/oecd-strengthens-co-operation-with-moroccorenews-morocco-country-programme-agreement.htm