Morocco is confident that effective implementation of the African Continental Free Trade Area (AfCFTA)will boost, trade between Morocco and Africa. According to the Moroccan Center of Conjuncture (CMC) the commercial transactions could triple in the long term, CMC in its monthly publication “Maroc Conjoncture” points out that the AfCFTA reflected the desire to foster the continent’s economic integration.Morocco, is hopeful that AfCFTA ill lead to economic growth and prosperity, for all the countries of the continent. CMC feels that it will strengthenMorocco’s competitive advantages to penetrate the African markets at competitive prices
Morocco signed the agreement on March 20 this year at the Kigali extraordinary summit on the Continental Free Trade Area. Addressing the summit in Kigali King Mohammed VI observed that the signing of the agreement reflected African States’ shared determination to build an Africa for the future. He hailed it as a pragmatic step towards an integrated, prosperous Africa, which is attuned to international realities
