lundi 7 décembre 2009

Morocco stresses importance of coherent action to overcome the economic crisis

Geneva - Morocco's Foreign Trade Minister, Abdellatif Maâzouz, stressed the importance of strengthening the coherence of different measures and instruments proposed by various international and regional organizations to overcome the economic crisis.

Speaking on Monday at a meeting of the G110, held on the sidelines of the World Trade Organization's (WTO) 7th ministerial conference (Geneva November 30-December 2), Maâzouz said that Morocco (Maroc) is also convinced that trade is an important vehicle for getting out of the crisis.

The minister called for an effective opening "mutually beneficial for our economies," and for denouncing all the temptations of protectionism, while urging the consolidation of the WTO programme on trade capacity building for southern countries.

Due to the impact of food, energy, financial and economic crises during the past three years, some of our countries are threatened by macroeconomic and social imbalances, Maâzouz added.

As a member of the African Group, he went on, Morocco supports the statement made by the Minister of Gabon and of Egypt as coordinator of the group, which reiterated the kingdom’s commitment to the declaration of the Conference that was held by the African Group last November.


Source : MAP