Thursday, May 16

Beijing Eyes Signing A Free Trade Agreement With Morocco

Google+ Pinterest LinkedIn Tumblr +

Africa Bulletin

Morocco

China has proposed a free trade agreement with Morocco, according to a report by the local news source Les Eco.

The state-run press agency of the People’s Republic of China (PRC) said the two countries “are on track to conclude a series of strategic agreements covering the economy, trade, and investments in Africa.”

News of the proposal comes less than a week after King Mohammed VI gave a speech at the joint Gulf Cooperation Council (GCC) summit in Riyadh, during which he said Morocco was looking to “diversify” its economic and political relationships by seeking stronger partnerships with major Asian countries, such as China and India.

China has been developing its relationship with many African countries in recent years, causing leaders from the United States and European states to be concerned about the communist country’s influence in the continent.

Share.

About Author

Comments are closed.