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Wednesday 23 August 2017

Morocco’s Accession to Ecowas will Enable the Kingdom to Fulfill its Role as a Bridge between Africa & Europe: German Expert

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Morocco’s Accession to Ecowas will Enable the Kingdom to Fulfill its Role as a Bridge between Africa & Europe: German Expert

As an ECOWAS member, Morocco would be better able to fulfill its desired role as a bridge between Africa and Europe, Christoph Kannengießer, the chief executive officer of the German-African Business Association, said, adding that it is "a win-win situation."

"ECOWAS will not be weakened by an economically strong country such as Morocco, and as an ECOWAS member, Morocco would be better able to fulfill its desired role as a bridge between Africa and Europe," Germany's public international broadcaster Deutsche Welle (DW) reported in an article published on its website.

"The Moroccans are pursuing a double-edged political strategy," Kannengießer told DW. "On the one hand, the country is seeking a privileged relationship with Europe. On the other hand, it is also trying to strengthen its integration with other countries on the African continent."

"The Moroccans know that the African continent, especially West Africa, is an important region of growth, not only from an economic perspective, but in terms of political influence as well," he said.

"Morocco's King Mohammed VI is making his country's membership application to the Economic Community of West African States (ECOWAS) a top priority," he noted, adding that earlier this year, HM the King visited several African countries, including Ghana, Ivory Coast, Guinea and Mali.

At its June summit in Monrovia, ECOWAS confirmed that Morocco's membership was possible, at least in principle, the source said, noting that from an economic standpoint, "there is nothing preventing Morocco from achieving ECOWAS membership - the country is far better off than most other members in this regard."

In recent years, at least 85 percent of Morocco's direct foreign investment went to African countries, DW said, adding that in 2016, it was the largest African investor on the continent, to the tune of $8 billion (6.8 billion euros).

MAP 22 August 2017