Arab Maghreb Union Spurs Work to Set Up Investment Bank

Published July 5th, 2001 - 02:00 GMT
Al Bawaba
Al Bawaba

A follow-up committee of the Arab Maghreb Union on Tuesday called for more work on the creation of the planned Maghreb Investment and External Trade Bank.  

The committee, according to Moroccco’s official news agency MAP, urged more efforts to draft the bank’s statutes. 

The committee convened in Algeria with representatives of all of the union’s countries: Morocco, Algeria, Tunisia, Libya and Mauritania. 

Those in attendance stressed the importance of the project in reinforcing inter-Maghreb economic integration and spurring investment in the region – Albawaba.com

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