Thursday 17 April 2008

African Emerging Markets Forum praises Morocco's developments



The first African Emerging Markets Forum, held in Rabat last week, brought together officials and experts from 18 countries. Hailed as the first major event of its kind, the Forum provided an opportunity for exchange and dialogue between government leaders and world-renowned specialists.

Economics Professor Salim Karroumi said that the main events of this kind encourage foreigns and stimulate the labor market. "This is very important for Morocco property to hold this kind of meeting, as it will raise the country's profile in the eyes of investors," he said. "It will also have a significant impact on the national economy, which would be easier to serve job seekers."

Moroccan economy and finance minister, Salaheddine Mezouar said Morocco property has put forward in three areas in order to help preserve the country's socio-economic growth: democracy and freedom, openness and social development. "Our country has defined its own characteristics and assets on the basis of which it can build a strong and attractive economics. Therefore decided to take advantage of its strategic geographical location, its highly skilled manpower, natural resources and its openness to the means of free trade agreements "he said.

Calling to united Maghreb a "strategic imperative", as well as economic opportunities, the Minister for Foreign Affairs Taieb Fassi Fihri insisted on the need for regional cooperation. He expressed regret that the Arab Maghreb Union, established in 1989, is the "least developed" by such an authority on the continent.

He said that although the country had made progress in the development of bilateral relations, economic integration at the regional level is essential for further progress.

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