Ways to strengthen economic ties between private sector operators in Morocco and Equatorial Guinea were the focus of a working session Monday in Casablanca between Equatorial Guinea’s FM Simeón Oyono Esono Angue, and President of the General Confederation of Morocco’s Enterprises (CGEM), Chakib Alj.
On this occasion, Esono Angue stressed the importance of drawing more from the experience of the Kingdom and of its private sector in various economic fields, recalling the excellence of bilateral relations as evidenced by the current economic exchanges.
The partnership between the two countries has led to the implementation of various infrastructure projects in Equatorial Guinea, he said, highlighting the efforts made in his country to diversify the economy and limit dependence on oil resources.
“Morocco is able to accompany Equatorial Guinea in implementing various projects under this new orientation,” added the minister, who is on a visit to Morocco.
For his part, CGEM head stressed the need to give impetus to economic relations between the two countries and to lay the foundations for a close cooperation “in order to accompany our respective companies in joint development projects.”
Alj deemed it necessary to explore ways to intensify bilateral trade “to exceed the hundred million dirhams that we exchange today.” “We must move to another stage by creating shared added value and investments likely to create local jobs,” he said.
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