The pact will give film makers from the two countries access to tax incentives in both territories .
LONDON -- The U.K. and Moroccan governments have signed a co-production treaty to allow the two countries to "strengthen ties within the film industry, encourage the sharing of knowledge and ideas, and drive economic growth through film production."
LONDON -- The U.K. and Moroccan governments have signed a co-production treaty to allow the two countries to "strengthen ties within the film industry, encourage the sharing of knowledge and ideas, and drive economic growth through film production."
It
is expected that the treaty will be extended "in the near future" to
include TV production as well, the parties said.
Negotiated
by the British Film Institute and Centre Cinematographique Marocain (CCM), the
national cinema agency of Morocco, the treaty also provides tax incentives for
productions.
Productions
qualifying under the terms of the treaty will be able to access the benefits of
national status in each country.
In
Morocco that means tax incentives, while in the UK qualifying productions will
be able to acquire the British movie tax relief and apply to the BFI's film
fund -- the U.K.’s largest public film fund with a current allocation of $34
million (£22 million) annually to invest in the development, production and
completion of feature films.
U.K.
government culture minister Ed Vaizey said
the treaty recognizes "the wonderful collaborative relationship that
already exists between the creative industries of the U.K. and Morocco, as well
as putting in place strong financial incentives to boost film production in
both nations."
Director
general of the Centre Cinematographique Marocain Nour-Eddine Sail said:
“This treaty will help us create sustainable cultural partnerships between our
two film industries and give filmmakers in both our countries access to new
markets, new creative opportunities and financial advantages. Our intention is
to expand this ambition into the area of TV production too so that content
producers for high end television also gain the cultural exchange and financial
benefits."
BFI
chief executive Amanda Nevill noted
that British filmmakers, "from David Lean through
toChristopher
Nolan," have long looked to Morocco for its landscapes and
substantial production infrastructure.
Nolan
shot footage for Inception there
and other Hollywood backed productions include The Bourne Ultimatum and Sex and The City.
"This
treaty will be a catalyst to grow opportunities to pool creative and financial
resources and foster a deeper sense of collaboration,” Nevill said.
The
U.K. currently has nine bilateral co-production treaties in place with
countries including Australia, New Zealand, Canada, France, Israel and India.
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