|
|
Article: FTA stirs prospects in Morocco.(Free Trade Agreement)
- Article from:
- AgExporter
- Article date:
- February 1, 2004
- Author:
CopyrightCOPYRIGHT 2004 U.S. Department of Agriculture. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
The United States and Morocco are pursuing negotiations to form an FTA (free trade agreement). This agreement should provide U.S. food exporters with new opportunities and significant advantages over other suppliers that will still face high customs duties.
Located in the northwest corner of Africa, Morocco is a middle-income, largely Muslim country. The U.S.-Morocco FTA will be the first under the U.S.-Middle East Trade Initiative and exemplifies a commitment to forge close ties with the Arab world.
A Matter of Time
The upcoming FTA with Morocco promises to trigger larger trade flows, opening new markets for U.S. products as well as increasing ...