Deal #1402

In 2006, a Memorandum of Understanding was signed between Al Qudra and SOMED to promote agricultural cooperation and highlight the importance of olive oil as a key export product. The initiative, involving 5,000 hectares for olive production, aimed to increase local output and position Morocco as a strong competitor in the global olive oil market by leveraging its favorable climate and local varieties. An exhaustive search was conducted, and no information was found on the progress of the negotiation, so it is considered to have failed. Additionally, an inquiry was made regarding the similarity between this case and #4528, and it appears they are different intentions.