US-Morocco cooperation promotes business opportunities in Africa

GMT 16:12 2014 Tuesday ,05 August

Arab Today, arab today US-Morocco cooperation promotes business opportunities in Africa

Atlantic center
Washington - MAP

Morocco’s partnership with the USA, notably triangular cooperation, will promote an environment that encourages business opportunities in Africa in full compliance with the prerequisites of sustainable development and solidarity, the Atlantic center said in a study released Monday.
“The United States should partner with Morocco to speed and deepen the reform process in Morocco, while also benefiting from the country’s compelling advantages that position it to help the United States and its businesses expand their own engagement with the African continent,” underlines the study, carried out by Peter Pham, Director of the Africa Center and Ricardo René Larémont, non-resident member of the Center and Professor of Political sciences and sociology at Binghamton University.
According to the authors, Morocco is a “long-standing US ally and a burgeoning regional power on a critical continent.”
They also underline that King Mohammed VI, throughout his tours of Africa and in recent addresses to international forums on Africa’s economic development “has articulated a clear and reasoned rationale for his commitment to Africa’s  growth, calling for example for triangular aid projects  to build sustainable programs utilizing regional talents  and resources.”

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