CHANGSHA/RABAT — The Morocco session of the China-Africa Economic and Trade Expo (CAETE) is expected to bolster Sino-Moroccan economic ties, as China's zero-tariff policy for African countries and deepening industrial cooperation create new opportunities for trade, investment and supply-chain integration.
Jointly organized by the Secretariat of CAETE and Morocco's Ministry of Industry and Trade, the event in Casablanca runs from Wednesday through Friday, marking the first major overseas economic and trade activity organized by Central China's Hunan province in Africa since China fully implemented zero tariffs for the 53 African countries with which it has diplomatic relations.
Policy boost
Analysts and business leaders said the zero-tariff policy is expected to enhance bilateral trade and expand market access for African products in China.
Nasser Bouchiba, president of the Morocco-based Africa China Cooperation Association for Development, said the event comes at an opportune time and will enable premium Moroccan products to gain easier access to China's vast consumer market while enabling Chinese enterprises to expand their presence in North Africa and strengthen the integration of industrial and supply chains.
