The Rabat Declaration begins the structuring of the group of middle-income countries (Mr. Bourita)

by times news cr

2024-05-10 13:03:30

Speaking at a press briefing at the end of the work of this Conference, Mr. Bourita underlined the importance of this group for the international community, due to its weight (108 countries), its economic and demographic contribution (75 % of the world population and 30% of international GDP), as well as by its cultural, geographical and economic diversity.

He also explained that the objective of the Rabat Conference is to challenge multilateral, economic and financial institutions so that these countries have access to financing commensurate with the progress they have made and their ambition to continue the dynamics of socio-economic development.

It also aims to strengthen interaction between these countries, said the minister, noting the abundance of successful experiences and lessons to share, within the framework of the South-South cooperation policy advocated by HM King Mohammed VI.

These countries must also be accompanied and supported to escape the middle-income trap and ensure the transformation of their economies, argued the minister.

“The international community will never be able to achieve the Millennium Goals without the mobilization of these countries,” insisted Mr. Bourita, noting that this “homogeneous group can influence decisions within regional, international and multilateral bodies.” .

These countries are the driving forces behind any action that the international community wishes to take to guarantee economic and social development, he said, citing as an example the objectives linked to the energy transition, which cannot be achieved without contribution of this group.

2024-05-10 13:03:30

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