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Hanoi (VNA) – With its enterprise expertise in Africa, Morocco will create situations for Vietnamese companies to soundly entry the Moroccan market and others within the area, Moroccan Ambassador Jamale Chouaibi has confirmed.
In an interview granted to the Vietnam Information Company on the event of the Lunar New Yr (Tet) competition, Chouaibi pressured that the similarities between the 2 nations will assist increase their cooperation and coordination sooner or later.
The 2 nations share geopolitical similaritieshe continued, explaining that Morocco is seen as a gateway to Africa and Europe, whereas Vietnam is a gateway to Southeast Asia.
Each are rising, dynamic economies with steady development and have intensified insurance policies of diversifying buying and selling companions and human sources, the ambassador added.
As the biggest investor in West Africa and second largest in Africa, Morocco has a sizeable presence on the continent in key areas equivalent to insurance coverage, banking, power and telecoms.
Regardless of the influence of the COVID-19 pandemic, Vietnam can be among the many few fastest-growing nations in Asia and the world at massive, he stated, noting the South East AsiaThe nation’s eight% development in 2022 is above the set goal, which has been praised by worldwide monetary organizations.
Vietnam has additionally seen a big improve in overseas direct funding (FDI) and commerce surplus, the diplomat stated.
He recommended that the 2 nations, with the participation of worldwide donors, be a part of tripartite or quadripartite tasks in Africa, notably in agriculture.
Chouaibi said that strengthening bilateral ties is the widespread need of the 2 nations aiming to advertise and promote South-South cooperation.
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In its technique, Vietnam focuses on increasing and diversifying the community of financial companions other than the normal ones in South Africa, he stated, noting that East Africa and West Africa are the technique’s subsequent targets.
Each nations have proven their sturdy political will to consolidate and broaden bilateral ties, mirrored within the rising variety of agreements signed, overlaying varied areas from commerce and funding to power mining, banking, training, coaching and aviation, alongside many different declarations of intent.
In keeping with the diplomat, such paperwork have helped promote the decentralized cooperation mannequin that’s being launched between cities, ports and universities.
He stated the lively improvement of relations was additionally mirrored in rising commerce. At present, Vietnam is Morocco’s second most essential companion within the Affiliation of Southeast Asian Nations (ASEAN).
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The appointment of an honorary consul by Morocco in Ho Chi Minh Metropolis on December 7, 2021 has created new momentum and helped create extra commerce and enterprise alternatives between the 2 nations, the ambassador stated.
He emphasised that the institution of a city twinning between Casablanca, MoroccoIndustrial and monetary middle of Vietnam and HCM Metropolis, Vietnam’s southern metropolis, will definitely present new impetus for Vietnamese-Moroccan relations sooner or later.
The 2 nations’ bold plans within the fields of renewable power, digital transformation, tourism, agriculture, infrastructure and logistics, business and know-how, with the goal of turning into main rising economies within the areas, supply them the chance to alternate experiences by inter-sectoral committees, he continued.
On the event of the Lunar New Yr (Tet) competition in Vietnam, Chouaibi expressed his hope that the New Yr will deliver hopes and aspirations for fulfillment and victories, giving renewed impetus to the Vietnamese on the trail to happiness and prosperity./.
VNA