By Ahlam Ben Saga
By Ahlam Ben Saga
Rabat- During the weekly cabinet meeting held on Thursday, March 22, Morocco’s Head of Government Saad Eddine El Othmani discussed Morocco’s involvement in the African Continental Free Trade agreement, recently signed in Rwanda’s capital, Kigali, on March 21.
El Othmani emphasized that the signed agreement comes in line with Morocco’s return to the African Union, insisting that Morocco will continue to acknowledge South-South cooperation in Africa and maintain the participation in an integrated Africa under the supervision of King Mohammed VI.
In his speech concerning the Continental Free Trade agreement, El Othmani stated that “[the agreement] was a dream that lasted for decades for African countries,” he said “because when the African Union was first established, with Morocco as one of its founders, it had both political and economic dimensions, which made signing this agreement a historical moment for many African nations including Morocco.”
El Othmani highlighted King Mohammed VI’s vision of making Africa an integrated continent, which will pave the way to the continent’s growth and prosperity.
He also mentioned Morocco’s recent bilateral agreements in the Africa, such as Morocco-Nigeria Gas Agreement, which represents the highest forms of cooperation between African countries.
The head of government pointed to the African organization’s “frail” economic and bilateral trading, saying that the agreement is the “road” to the empowerment of Africa.
Morocco’s successful participation in World Water Forum
During the cabinet meeting, El Othmani also announced Morocco’s successful participation in Brazil’s 8th Edition World Water Forum, emphasizing that sustainable management of water resources remains a top priority for Morocco.
In line with this sentiment, Morocco plans to reinforce its trade relations with Brazil and encourage future investments in Morocco, as it is Morocco’s “third customer” in the world.
El Othmani noted that Brazil has also expressed its interest in strengthening its relationship with Morocco through future investments.