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Morocco’s continuous commitment for economic inclusion in Africa

Minister of Foreign Affairs, African Cooperation and Moroccans Abroad, His Excellency Mr Nasser Bourita took part in the 38th ordinary session of the African Union (AU) Executive Council, launched virtually on February 3rd, 2021.On the sidelines of this virtual Conference, the Minister placed particular emphasis on promoting growth and regional economic inclusion for the benefit of all African countries, the importance of the African Continental Free Trade Area (AfCFTA) in achieving sustainable development goals and sustainable growth in our Region, as well as the strong commitment of Morocco to strengthen South-South cooperation, according to the vision of His Majesty the King Mohammed VI.He declared that the Kingdom of Morocco welcomes the establishment of the African Center of Excellence for Inclusive Markets (AIMEC) and that "Morocco would also like to congratulate the sister Republic of Tunisia" for hosting this first pan-African regional platform for the support and development of businesses and inclusive markets, resulting from the process of consultation and collaboration with the United Nations Development Program (UNDP) and the decision of the 33rd African Union Summit.Referring to public-private partnerships (PPP), the Minister stressed that by promoting them, AIMEC would "very certainly" facilitate the exchange of best practices on the African continent to support inclusive businesses and markets, while adding that "It has been shown that the latter are carriers of new accessible opportunities, thus promoting growth and regional economic integration". Therefore, he reiterated the Kingdom's total and entire willingness to share its experience, expertise and know-how in PPP with its African brothers in order to collectively contribute to the implementation of sustainable development projects.By highlighting the commemoration of 60th anniversary of the Casablanca Conference convened by the late HM King Mohammed V, in 1961, the Minister also stressed that the ambition was always to create an integrated Africa at all levels, including the political and economic ones in a spirit of unity and solidarity-based Africa.Noting that the pandemic, by impacting all countries to varying degrees, has deepened the socio-economic inequalities of African countries, Mr. Bourita underlined that the inclusive economy is now emerging as a "paradigm necessary for post-covid economic recovery” and that "The uncertainty created by this pandemic confronts us with the need to adopt, across all value chains, strategies that would allow the establishment of inclusive ecosystems that bring value added and benefit everyone,".As he underlined the “imperative” and “necessity” to strengthen South-South cooperation, the Minister recalled the vision of South-South cooperation that was defined by His Majesty King Mohammed VI in His speech at the extraordinary Summit of Heads of State and Government of the AU on the AfCFTA in 2018, during which His Majesty underlined that “Morocco believes in co-development based on inter-African cooperation and economic complementarity, on active solidarity and the pooling of means and efforts [...]".In this respect, he recalled the full commitment of Morocco toward AfCFTA which will help spur growth, reduce poverty and broaden the economic inclusion of our continent and this, in particular, through better integration into international trade flows.In fact, the Kingdom, under the insightful vision of His Majesty the King, has embarked on the path of economic inclusion and has succeeded, in about fifteen years, to reduce poverty and end extreme poverty. Economic inclusion, beneficial to all layers of the population, stands at the heart of Moroccan public policies, and laid in sectoral strategies (agriculture, industry, crafts etc.).To this end, he recalled that Morocco is fully committed to this path, just as it is committed to the achievement of the United Nations 2030 sustainable development goals as well as the 2063 Agenda for sustainable African growth.