French Public Investments In Morocco Will Continue, Including In The Sahara: Emmanuel Macron

Rabat, October 30 (TNA) French President Emmanuel Macron has affirmed that his country's public investments will continue in the Kingdom of Morocco, including in the Sahara. Speaking to business leaders and economic operators at the closing of the "Morocco-France Entrepreneurial Meeting", Macron noted that the Kingdom is "the first client" of the French Development Agency (AFD) in terms of investments, ensuring that the AFD will continue to finance projects in the Kingdom, including those carried out by French companies in the Sahara.

He stressed, in this regard, that France intends to develop with Morocco a fair and win-win economic partnership, given the multiple complementarities between the economies of the two countries. The French President thus highlighted the existing industrial partnership in several areas, calling for greater integration of value chains in the face of a context of "re-regionalization of tariffs". Furthermore, Macron said he regretted the fact that European and French financial groups were forced to leave Africa "because of the rules and regulatory standards that Europeans have taken for themselves".

"I think it is a terrible strategic error…we, Europeans, have to question the rules and restrictions that we have imposed on our establishments", said the French Head of State during this meeting dedicated to the strategic sectors of the future. Co-organized by the General Confederation of Moroccan Enterprises (CGEM) and the Movement of French Enterprises (MEDEF), via the Club of France-Morocco Business Leaders, this meeting is of particular importance in the context of the state visit to the Kingdom by the President of the French Republic, Emmanuel Macron, at the invitation of King Mohammed VI.