Why a Moroccan-American Free Trade Agreement
“I regard a free trade agreement as a significant encouragement to the economic and political reforms initiated by the Kingdom, and a powerful tool in the development of bilateral relations.” Taïb Fassi Fihri, Minister Delegate of Foreign Affairs and Cooperation, Kingdom of Morocco
“A free trade agreement bolsters Morocco’s courageous economic reforms, creates economic opportunities for both of our peoples and solidifies our strong relationship with a key partner.” Robert B. Zoellick, U.S. Trade Representative
The signing of the Morocco US FTA is a major step in the liberalization of the Moroccan economy. Today, the Kingdom has the largest free trade network in the world.
In recent years, Morocco sought to reform its economy, diversify it and promote the sectors where the country and a significant advantage. While opening up to other countries, Morocco wanted to diversify its partners and explore new trade opportunities.
Thanks to the reforms and modernization pursued by Morocco, the country has become very business friendly and attracts large foreign direct investments.
Today, with its state of the art infrastructure, regulations and free trade network, Morocco has become the platform for growth. Companies that produce in Morocco can export duty free to a market of ONE BILLION CUTOMERS.