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UK Think Tank Highlights Comprehensive Approach of Royal Atlantic Initiative


  27 Février      23        Politics (18673),

   

London, 27/02/2024 (MAP)- The British Institute for Free Trade (IFT) has highlighted the relevance and comprehensive approach of HM King Mohammed VI’s initiative to promote access to the Atlantic Ocean for the countries of the Sahel.

In a report, unveiled on Monday evening in London, the IFT emphasized the importance of the Royal Initiative in helping to meet the challenges facing the Sahel, with development, education, and environmental sustainability as its pillars.

« This initiative not only aims to unlock the region’s potential but also solidifies Morocco’s role as a key player in African development and cooperation, » reads the report.

According to the London-based institute, « the initiative is a pivotal element in Morocco’s strategy for African engagement, emphasizing South-South cooperation and win-win partnerships. »

The goal of the Moroccan initiative is to work on investments that generate lasting and shared wealth, structured and mutually beneficial projects and that empower and educate people.

« It reflects Morocco’s vision of a robust, influential Africa and seeks to catalyse regional growth and development, addressing challenges such as terrorism and separatism, » the report argues, stressing that this initiative reflects Morocco’s efforts to reach out to other African countries and position itself as a bridge between Europe and Africa.

The IFT notes that Morocco’s commitment extends to humanitarian and sustainable development efforts across the Sahel, including the construction of health and education facilities, significant investment in countries of the region and proactive responses to climate change.

The report, which was submitted to the House of Lords, puts forward a series of recommendations aimed at strengthening trade between Morocco and the UK. These include promoting access to high value-added supply chains and existing development hubs in the Moroccan construction, aerospace and automotive sectors, lowering technical barriers to trade, enhancing regulatory coherence, creating a UK-Morocco business club and easing visa rules for business travellers from Morocco.

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