MOROCCAN KING SAYS SIGNING OF AFRICAN FTA AGREEMENT CRITICAL FOR MULITFACTED DEVELOPMENT

KIGALI– Morocco’s King Mohammed VI has described the signing of the agreement here Wednesday to launch the African Continental Free Trade Area (AfCFTA) as a critical step towards the achievement of multifaceted development in Africa.

In a message to an extraordinary summit of the African Union held in the Rwandan capital where the signing of the AfCFTA agreement took place, the king described the FTA as “an initiative by Africa, for Africa”.

He noted that “the creation of the largest free trade area in the world, with the youngest population on the planet, is a landmark event which attests to our shared determination to build an Africa for the future”.

“This initiative expands and builds on the countless measures taken by our respective countries to promote intra-African trade. It will boost investment, stimulate economic growth, enhance continental interconnectivity and inject fresh momentum into African integration,” the King stressed.

This is a pragmatic step towards an integrated, prosperous Africa which is attuned to international realities, the king noted.

Morocco was represented at the summit by Minister of Foreign Affairs and International Co-operation Nasser Bourita

Source: NAM NEWS NETWORK