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What will be the economic impact on Western Sahara due to France's recognition of Morocco's autonomy plan by December 31, 2025?
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Resolution / Starting Odds
Significant Increase in Investment • 25%
Moderate Increase in Investment • 25%
No Significant Change • 25%
Decrease in Investment • 25%
Economic reports from Moroccan government or major financial news outlets
Story
France Recognizes Morocco's Autonomy Plan for Western Sahara on July 30, 2024
Jul 30, 2024, 08:47 AM
France has officially recognized Morocco's autonomy plan for the Western Sahara as the only basis for a lasting resolution to the dispute over the territory. This decision, announced by President Emmanuel Macron on July 30, 2024, asserts that the present and future of the Western Sahara lie within the framework of Moroccan sovereignty. The move is expected to spur more investment in the mineral-rich region but has been met with strong condemnation from Algeria. Algeria has denounced France's decision, criticizing it as a backing of Morocco's sovereignty over the disputed region.
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Yes • 50%
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1-2 • 25%
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7 or more • 25%
France • 25%
United States • 25%
Israel • 25%
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Increased international recognition • 25%
New negotiations with Morocco • 25%
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Negative impact • 25%
No significant impact • 25%
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Strengthened relations with Arab countries • 25%
Strained relations with Israel • 25%
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Significant economic growth • 25%
Moderate economic growth • 25%
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Economic decline • 25%
Diplomatic measures (e.g., recalling ambassadors) • 25%
Economic sanctions • 25%
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Spain • 25%
Russia • 25%
China • 25%
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