Maghreb Arab Press

Cooperation between China and Morocco to Strengthen Sino-African Partnership (Head of CGEM)

Beijing  -  
Cooperation between China and Morocco will develop in the long term the Sino-African partnership through the Kingdom's geostrategic location, president of the Moroccan Employers’ Association (CGEM), Salaheddine Mezouar, said.
Cooperation between China and Morocco to Strengthen Sino-African Partnership (Head of CGEM)
07 September 2018

Mezouar said that the Kingdom, which has a complete industrial ecosystem, will serve as a gateway for Chinese businessmen on the continent, the Chinese press reported.

Mezouar said that cooperation between the two countries will be mutually beneficial, which will boost the Sino-African partnership in the long-term.

The President of CGEM, who took part in the 3rd Forum on China-Africa Cooperation (FOCAC), held in Beijing on Sept. 3-4, noted that "Sino-Moroccan relations are rooted in history and are marked by stability and development of friendship ties".

Economic cooperation between Morocco and China has developed in the last few years, particularly since the establishment of a strategic partnership in 2016, which has facilitated the access of Chinese enterprises to the Moroccan market, he said.

Several Moroccan companies will take part in the first China International Import Expo, scheduled on November in Shanghai, Mezouar said, noting that this event will allow African countries develop their industrial sectors.

Beijing plans to strengthen its industrial cooperation with African countries over the coming years, particularly through the transfer of technology between Chinese and African companies and the improvement of the working environment of  local start-ups, which is likely to provide a strong impetus to the economic and social development of the continent, Mezouar pointed out.

Close cooperation will also enable Chinese companies develop their expertise to adapt to different African countries, he said, noting that China has increased its support to Africa in the last few years as part of the Belt and Road Initiative.

Mezouar also urged China to increase investments in Africa in training and projects related to the private sector and programs that affect the daily lives of Africans, which will contribute to create more jobs and improve education at the local level.

At the opening ceremony of the 3rd FOCAC, Chinese President Xi Jinping pledged 60 billion dollars in funding for African countries to push for infrastructure projects.

Xi said that China would provide 60 billion dollars in loans and other forms of aid and investment.

Last modified : 07 September 2018

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