Morocco, China see strong potential for closer economic ties

Fostering economic ties between Morocco and China was at the heart of a meeting between the foreign ministers of the two countries in Beijing.

The two ministers, Nasser Bourita and Wang Yi, raised an array of bilateral cooperation projects from global trade to industry and investments, the Moroccan news agency reported.

In this respect, special emphasis was placed on Morocco’s Tanger Tech, an advanced technologies and industrial hub at the gate of Africa and Europe that has already attracted global EV battery manufacturers.

Tanger Tech was launched in 2016, when King Mohammed VI visited Beijing and met President Xi Jinping.

The two ministers also welcomed the growing Chinese investments in the Kingdom, particularly in electric mobility, automotive industry, renewable energies and infrastructure sectors.

The meeting also highlighted increasing tourist flows from China to Morocco, notably after the latter lifted visa requirements for Chinese nationals.

On this occasion, the Moroccan minister highlighted the Atlantic initiative launched by the King to promote stability, security and economic development in African countries and help landlocked nations gain access to global trade.

For his part, Wang Yi hailed the leadership of His Majesty King Mohammed VI in promoting the Kingdom’s stability and economic and social development, and praised Morocco’s contribution to the promotion of regional and international peace and security.

The two ministers also welcomed the progress made under the “Belt and Road” Initiative, with the signing of the 2017 Memorandum of Understanding (MoU) and the Implementation Plan for the joint construction of the initiative in 2022.

 

About Geraldine Boechat 2735 Articles
Senior Editor for Medafrica Times and former journalist for Swiss National Television. former NGO team leader in Burundi and Somalia