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Newsweek :Morocco’s Return to AU, Opportunity for Greater Trade with African Countries
Morocco’s return to the African Union (AU) is an opportunity for greater trade with African countries, wrote US magazine +Newsweek+ in an article published on its electronic website.
“Morocco’s reintegration in the AU: the opportunity for greater trade with African countries, many of which are growing much faster than European states,” noted the publication, quoting analysts.
In this vein, the author of the article Conor Gaffey recalled the various visits paid by HM King Mohammed VI to several African countries, adding that Morocco signed almost 1,000 agreements and treaties with various African countries since 2000.
“Moroccan banks have expanded throughout Africa, with a presence in more than 20 countries, and the country’s state-run airline Royal Air Maroc is one of Africa’s biggest airlines, with Casablanca used as a transit point for many sub-Saharan Africans traveling across the continent,” +Newsweek+ underlined.
“Morocco has opened a number of interesting diplomatic and commercial interests with their nearest African neighbors,” noted the US magazine, quoting Claire Spencer, a North Africa expert at international affairs think tank Chatham House.