Spain Plans to Invest pound 45 Billion in Morocco by 2050 (Pedro Sánchez)OIC SECRETARY GENERAL PARTICIPATES IN ICJ ORAL ARGUMENTS

Rabat – Spain plans to invest around 45 billion euros in Morocco by 2050, President of the Spanish government, Pedro Sánchez, announced Wednesday in Rabat.

‘Spain is a key partner of Morocco with expected investments of 45 billion euros by 2050,’ Sánchez said during a press conference at the end of his working visit to the Kingdom, welcoming the ‘positive development’ of trade between the two countries.

Sánchez noted that bilateral economic partnership is expected to be further strengthened, particularly within the framework of the joint organization, alongside Portugal, of the 2030 Football World Cup.

He also welcomed the “great effort” made by Morocco to modernize its economy, expressing Spanish companies’ commitment to participate in this development momentum, particularly in the areas of transport, renewable energies and water resources management.

The President of the Spanish Government on Wednesday made a working visit to Morocco, marked by the audience granted to him by His Majesty King Mohammed VI
.

This visit follows on from the new stage in bilateral relations, initiated by the meeting between HM the King and the President of the Spanish Government in April 2022, and the adoption, on that occasion, of the Joint Declaration between the two countries.

Source: Agency Morocaine De Presse

The Secretary-General of the Organization of Islamic Cooperation (OIC), Hussain Ibrahim Taha, heads a delegation from the OIC General Secretariat to The Hague to participate in presenting the OIC oral argument before the International Court of Justice on 26 February 2024, which is expected to give the legal opinion at the request of the United Nations General Assembly on the legal effects of the Israeli occupation arising from Israel’s continued violation of the right of the Palestinian people to self-determination, and its long-term occupation of the Palestinian territory occupied since 1967. It has East Jerusalem.

It should be noted that the organization had submitted a written legal pleading to the Court on July 25, 2023, as well as comments on the pleadings submitted to the Court by other countries and international organizations on October 25, 2023, confirming the illegality of the Israeli occupation and its policies based on colonial settlement, forced displacement, racial discrimination, land confisca
tion, and demolition of Palestinian homes, in flagrant violation of international law and relevant United Nations resolutions.

The 25 member states of the Organization of Islamic Cooperation (OIC) are scheduled to present their arguments during the hearings of the International Court of Justice from February 19-26.

Source: National News Agency – Lebanon

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