Morocco, Burkina Faso strengthen bilateral industrial cooperation

Morocco, Burkina Faso strengthen bilateral industrial cooperation
Friday 22 July 2022 - 22:43

The strengthening of industrial cooperation between Morocco and Burkina Faso was the focus of a working session held Friday in Marrakech, between the Minister of Industry, Ryad Mezzour, and the Burkinabe Minister of Industrial Development, Abdoulaye Tall.

Held as part of the 14th edition of the U.S.-Africa Business Summit, this meeting was an opportunity for the two ministers to discuss several issues, including industrialization, as well as the processing of agricultural and livestock products.

In this sense, Abdoulaye Tall stressed that Morocco is an excellent partner of Burkina Faso, noting that Moroccan private investors have invested in various areas such as banking, insurance, telecoms, cement and mineral water.

He also said that the discussions with Ryad Mezzour focused on the processing of local products, especially since Burkina Faso is one of the main producers of cotton which is processed to 5%.

Moreover, Abdoulaye Tall continued, Morocco is one of the importers of the yarns we produce, hence the importance of improving this cooperation for the benefit of both peoples. Referring to agricultural sectors, the Burkinabe minister cited the examples of mango, cashew nuts, tomatoes, onions and sesame, saying they should be given more importance.

Regarding the livestock sector, he recalled that Burkina Faso is a great country of livestock, except that the animals are exported on foot, noting that it is necessary to work through this cooperation to establish modern slaughterhouses that can slaughter on site, process and export meat rather than animals on foot and make a value chain.

The 14th US-Africa Business Summit will be attended by a large U.S. government delegation, African ministers and decision makers from leading U.S. multinationals and the African business community.

Offering the opportunity to establish future-oriented tripartite U.S.-Morocco-Africa business partnerships, this Summit also represents an opportunity to consolidate the strategic positioning of Morocco, the only African country to have concluded a free trade agreement with the United States, as a hub for Africa and an economic partner of reference for the United States.

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