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An Institute for Economic Opportunities to boost US-Maghreb partnership.

Summary: US Secretary of State in coordination with Aspen Institute have elaborated a draft proposal to be discussed during the US Maghreb investment conference, in Algiers, later September.

US Secretary of State in coordination with Aspen Institute have elaborated a draft proposal to be discussed during the US Maghreb investment conference, in Algiers, later September.

The draft proposal specifies the US aims at creating a strong economic partnership with the Maghreb region, through adopting the vision of President Obama, who called for "deeper and wider commitment between the United States and the Islamic communities worldwide".

The same document stressed on "the importance of the Maghreb region on the diplomatic and economic point of view," adding that this partnership will pave the way for strengthening the US presence in the region, "through boosting bilateral cooperation, developing economic opportunities and installing networks of US and Maghreb employers".

The same draft said the experience of Aspen Institute will play a pivotal role in terms of facilitating and supporting partnership between the public and private sectors to create more economic opportunities.

In this context, an Institute for the Economic Opportunities is to be created within this US-Maghreb partnership. The institute is to be in charge of elaborating five sub-programmes, which would be at the heart of this partnership, the draft concluded.

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Publication:UMCI News (Potomac Falls, VA)
Date:Aug 23, 2010
Words:228
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