Morocco calls for institutionalisation of South-South cooperation

Image
IANS Santa Cruz (Bolivia)
Last Updated : Jun 17 2014 | 3:27 PM IST

Morocco called at the G77 + China extraordinary summit for institutionalizing South-South cooperation through the inception of lasting cooperation mechanisms, the Moroccan news agency MAP reported.

In a speech at the extraordinary summit, which opened on Saturday in the Bolivian city of Santa Cruz, Morocco's minister of housing, urban planning and city polity, Nabil Benabdellah, urged the G77+China member countries to gather the needed conditions to develop trade, promote investments and consolidate regional integration.

Benabdellah, who led the Moroccan delegation to the summit held to mark the 50th anniversary of the group creation, added that incentives are needed to reinforce the role of the private sector in South-South cooperation as a vital foundation for development and wealth-creation.

-- Indo-Asian News Service

map/tb

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 17 2014 | 3:18 PM IST

Next Story