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North Africa's New Energy Market, |, Is Due To Be Held In Morocco In 2018.

Jan 27, 2018

North Africa: an emerging market with excellent business opportunities.

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It includes Algeria, Egypt, Libya, Mauritania, Morocco and Tunisia, with annual GDP of over $1.1 trillion and a population of less than 200 million.


Morocco: a route to 55 countries, making it the first southern Mediterranean country to benefit from the European Union. We have a billion consumers. Morocco, considered by many to be the United States, Europe, Africa and the Middle East, is a fast-growing, resilient and secure market.


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Why Morocco?


Morocco, a developing country with mainly agricultural economy and middle income, is the fifth largest economy in Africa and the third largest in north Africa. The Moroccan economy has been growing steadily since 2003. In 2014, GDP reached $113.4 billion, an increase of 2.4%. On June 15th, head of moldavian government class kieran said "the potential for 6-7% of economic growth, the private sector as the locomotive of its economic growth, in a leadership position, economic development, the government's responsibility is to provide a good economic, legal and institutional environment. Morocco, with its unique geographical environment (only 14 kilometers from Europe), signed a trade agreement with 55 countries, and make products for more than 1 billion consumers in the market, provide service platform, or "hub". At present, Morocco has signed the Moroccan - eu association agreement with the eu and signed the free trade agreement with the United States, Canada and the Arab league.


Relations between China and moldova


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Since the establishment of diplomatic ties between China and Morocco on November 1, 1958, bilateral relations have been developing steadily and steadily. Bilateral exchanges at all levels are close, and there is broad consensus and good cooperation in international affairs.


On May 12, 2016, xi jinping held talks with king Mohammed vi of Morocco to establish the china-moldova strategic partnership. China and moldova have strong economic complementarities and great potential for cooperation. China is willing to actively participate in moldova industrial revitalization plan, encourage competent Chinese enterprises to participate in major infrastructure projects in Morocco, deepen the two sides in phosphate, fisheries, traditional sectors such as health care, information communication and electronics, equipment manufacturing, aerospace, pragmatic cooperation in clean energy and other emerging areas, continue to strengthen cooperation in finance and investment. China is ready to strengthen bilateral exchanges with moldova, expand tourism and cooperation with education, and hope that the Chinese cultural center will land in Morocco at an early date. China is ready to strengthen coordination and cooperation with moldova in international affairs such as climate change and safeguard the common interests of both countries and developing countries.


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