“Morocco is ready to work together with its African and Chinese partners to push forward the continent’s social and economic development,” said Minister Delegate for Africa, Mohcine Jazouli.
Speaking at the 7th China-Africa forum (FOCAC), Jazouli underlined the importance of the Belt and Road initiative, which, he said, would have a beneficial impact on Africa.
Last January, Morocco and China agreed to establish an academic institute tasked with conducting studies on the “Belt and Road” initiative. Morocco was the first African nation to join the initiative in 2013.
Morocco and the China Association for Industrial Cooperation (CAIC) have agreed in late 2017 to set up an economic zone in Fez offering a platform for various industries. The deal reflects China’s increasing interest in Morocco.
The once-every-three-year FOCAC typically sees China unroll large loan packages for the continent.
Chinese President Xi Jinping announced 60 billion dollars in assistance and loans for Africa during the last summit in Johannesburg, South Africa, in 2015.
China’s economic data shows trade between Beijing and the continent’s countries rose 14 percent last year to $170bn.