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Ethiopia, Morocco pledge to strengthen economic cooperation

Ethiopia Morocco Pledge to Strengthen Ties
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State Minister of Foreign Affairs, Dr. Aklilu Hailemikael met with Ambassador of the Kingdom of Morocco, Mrs. Nezha Alaoui M'Hammdi today (February 2, 2017); the two sides discussed on ways to set up a strong follow-up mechanism on activities within the economic cooperation framework established following King Mohammed VI's visit to Ethiopia.

Congratulating Morocco's for rejoining the OAU, State Minister Dr. Aklilu said, "Our relation has taken a new path and is growing stronger and stronger."

The soon to be established fertilizer complex by OCP in Ethiopia is the biggest in terms of FDI coming from an African country which is worth 2.5 billion and is a typical example of south-south cooperation.

With Morocco offering scholarships for Ethiopian students of higher-learning institutions, the cooperation between the two countries has been widening in scope.

As a nation of thriving industrialization, where agriculture contributes smaller portion of the economy, "Morocco could be a model of transformation for us," he said.

Dr. Aklilu also said Ethiopia is keen to draw lessons from Morocco in areas of engaging the Diaspora for national development.

Commending the progress made between the two countries, Ambassador Nezha Alaoui M'Hammdi said, "Morocco would further need to expand its investment presence in Ethiopia."

She noted the upcoming Joint Economic Commission meeting due to be held in Morocco this year "will help us further identify new areas of economic cooperation."

Ethiopia is a strategic partner, the Ambassador added, "We are thankful for the support Ethiopia has shown in our bid to rejoin the OAU."

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