Ladies and gentlemen, honourable members, it's a great pleasure for me to be with you today.
In a rapidly changing world, the successful countries, organizations and companies are those who know how to build bridges, to forge alliances and to think outside of their borders. That is exactly the meaning of the speech that Prime Minister Carney gave in Davos. He saw a clear break and validated it. From now on, the priority is to diversify our economic partnerships, to reduce our vulnerabilities and, in part, to redirect our north-south focus to east and west. Asia and Europe are at the heart of that ambition. But a major region in Canada's immediate vicinity remains underestimated and undervalued. This is the South Atlantic, which includes the countries with Atlantic shores in both South America and North and West Africa.
Morocco is an excellent example of the dynamics at play because of its geographic location, its quality infrastructure and its strategic vision. It has made itself into the very gateway to Africa. To give you some figures from the many I could provide, Morocco has among Africa's best-developed networks, with about 50,000 kilometres of paved roads, 2,000 kilometres of freeways, which will extend to 3,000 kilometres by 2030, high-speed rail lines that will very soon extend to 630 kilometres, and functioning 5G.
Today, Africa is the world's demographic engine. My colleague, Mr. Fadili has already quoted a lot of figures to illustrate that. So I will skip that section.
With the progressive implementation of the African Continental Free Trade Area, the market will soon have the second-biggest potential market of the 21st century, after India and China. What makes this a particularly strategic area for our Canadian partners is that it is already connected. Where China invested several billion dollars to build its silk road to Africa, Canada has an already existing network in operation. The Tanger Med Port Centre is the fourth-busiest port in the world today. The future Port Dakhla Atlantic, scheduled to open in 2028, will become a major hub towards West Africa and sub-Saharan Africa, Europe and the Americas. We should also not forget the future port of Nador, in the northwest of Morocco.
There are also deep-water ports in Dakar, Abidjan and Tema. From Saint John, New Brunswick, it takes between 10 and 15 days to reach one of those destinations, scarcely more than it takes to get to the great ports of Europe, and three or four times less than for the major markets in Asia.
As a result, very specific doors open. Canada and Morocco share a number of common interests: stability, innovation, training, economic openness and the wish to develop lasting relationships. Morocco has free trade agreements with the European Union, with the 18 countries of the Greater Arab Free Trade Area, and with the major economies in Africa. Morocco therefore offers access to a market of 450 million people and a combined GDP of more than $4,200 billion. Its Atlantic initiative for the countries of the Sahel provides ocean access to landlocked countries through Port Dakhla Atlantic. A number of Canadian mining companies are already conducting activities there.
Together, we have the opportunity to build much more than a simple trade partnership. We can build a strategic relationship that will be used by companies, by investors and by the younger generations in both countries. In a world marked by uncertainty, it is becoming essential to diversify our markets, to strengthen our supply chains, and to develop wise partnerships. That is exactly what the Canada-Africa relationship makes possible, not to mention the relationship between the two south Atlantic coasts. It can develop in a number of areas: agri-food, technology, renewable energy, strategic mines and minerals, infrastructure, the digital future, education and health.
However, to succeed, a clear vision is needed. We must believe in what each can provide to the other. Canada has expertise, innovation, structure and access to international networks. Morocco has a regional anchor, connections with Africa and a business-friendly environment. As a strong member of the francophonie, Canada has no colonial past, a major African diaspora and, as a result, an enviable reputation. Together, that creates something of remarkable value.
I firmly believe that the most lasting relationships are not built on economic exchanges alone. They are built on trust, on mutual understanding and on the common will to move forward together. The South Atlantic is the one missing piece in the full Canadian picture. It is precisely what can make our Atlantic neighbourhood and a partnership between Canada and Morocco into a key element of a successful future model.
Thank you for your attention.