Belt and Road initiative

Morocco to become China's African trade hub

The Chinese government has high hopes regarding cooperation with Morocco as this North African country will become the first to sign into the Belt and Road initiative. China and Morocco signed a landmark agreement on Wednesday, January 5, making Morocco the first African country to officially sign up to China’s Belt and Road Initiative.

Given Morocco’s proximity to southern Europe, with nautical links across the Atlantic, China sees the country as a prime location to serve as a trade hub linking Africa and Europe to China.

Morocco is an exceptional case, according to Chinese experts, as China commonly signs bilateral trade deals with resource-rich African nations that revolve primarily around resource trade. In Morocco, China’s focus revolves around trade, as well as Morocco’s healthcare, financial service and agriculture sectors.

Source: moroccoworldnews.com


Publication date:



Receive the daily newsletter in your email for free | Click here


Other news in this sector:


Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber