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Thursday 23 January 2020

Morocco has Done Well to Maintain its Political & Economic Stability (UK Ambassador)

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Morocco has Done Well to Maintain its Political & Economic Stability (UK Ambassador)

Morocco has made big progress to maintain its political and economic stability over the years, UK ambassador to Rabat, Thomas Reilly, told news channel CNBC-Africa.

Morocco plays an important role in Africa as it is the second largest investor in the continent, Reilly said on the sidelines of the UK-Morocco Business Dialogue held in London.

The British diplomat also underlined the importance of Casablanca finance city as a hub to drive financial services and business services.

He also shed light on the role played by Tanger-med Port in linking the kingdom with Africa, Europe and Asia.

Morocco has a young population and is well-linked in terms of infrastructure, he noted, adding that the Kingdom has made massive progress in the area of investments.

The United Kingdom is determined to strengthen its position as a partner of choice for Africa through the development of partnerships, in particular with Morocco, in the areas of sustainable development and prosperity, he said, stressing that Morocco and the United Kingdom "have a lot to offer to the African continent" in several sectors.

MAP 23 January 2020