The European Investment Bank (EIB) and Banque Centrale Populaire (BCP) have announced the signing of the first guarantee agreement under the EU Trade and Competitiveness Programme. Among the main priorities of this programme is strengthening access to finance for small and medium-sized enterprises (SMEs). The agreement will help to improve the competitiveness of Moroccan SMEs, particularly in the key export sectors of automotive, textiles, agro-industry and agriculture.