Indeed, the Conference of Chinese and African Business Leaders, organized within the framework of this Summit, was a godsend for a strong delegation from the General Confederation of Moroccan Enterprises (CGEM) to provide an overview of the measures and steps taken by Morocco to provide an environment conducive to business and investment.
It is also about shedding light on the economic openness of the Kingdom, its infrastructure meeting the best international standards and its commitment to co-development in Africa within the framework of win-win partnerships.
This conference, held in the presence of the Head of Government, Aziz Akhannouch, who represents His Majesty King Mohammed VI at this Summit, was “very important” for economic relations between Morocco and China, stressed the Minister Delegate to the Head of Government in charge of Investment, Convergence and Evaluation of Public Policies, Mohcine Jazouli.
In order to strengthen economic relations between Morocco and China, several meetings have taken place with a number of Chinese operators “who are moving towards sectors that we are seeking to develop in Morocco, such as automobiles, electric mobility, energy and textiles,” Mr. Jazouli told the press.
He also noted that the large Moroccan delegation taking part in the work of this flagship event reflects the strong relations existing between Morocco and China, following the visit of His Majesty King Mohammed VI to the People’s Republic of China in May 2016, crowned by the signing of the bilateral strategic partnership.
For his part, the president of the CGEM, Chakib Alj, indicated that the participation of the delegation of Moroccan businessmen in this event aims to inform Chinese companies wishing to establish themselves in Morocco of the enormous potential of the Moroccan economy.
“Morocco has very important assets, namely free trade agreements with more than 60 countries, a qualified workforce, proximity to Europe and other high-consumption markets, in addition to social and economic stability,” noted Mr. Alj, adding that all these factors make Morocco “a very attractive country” for foreign investments.
“The clear-sighted vision of His Majesty King Mohammed VI has allowed us to have a gateway to Africa, where Moroccan companies have invested heavily” in several key economic sectors.
The Moroccan delegation to this Summit is also composed of the Minister of Foreign Affairs, African Cooperation and Moroccans living abroad, Nasser Bourita, the Ambassador and Director General of the Moroccan Agency for International Cooperation (AMCI), Mohamed Methqal, and the Ambassador of the Kingdom in Beijing, Abdelkader El Ansari.
FOCAC, which celebrates its 24th anniversary this year, constitutes a partnership of choice between China and the African continent, based on the cardinal principles of solidarity, cooperation and respect for the sovereignty and territorial integrity of States.
Established in October 2000 in Beijing, FOCAC is China’s oldest regional forum. The mechanism gained prominence in 2006, when Beijing announced the creation of a $5 billion China-Africa development fund.
2024-09-06 11:58:01