U.S. Concluding Deals to Boost Trade with Morocco
The U.S. and Morocco are concluding "three new initiatives to help further boost our trade and investment relationship," said Deputy U.S. Trade Representative Miriam Sapiro in a Dec. 4 speech at the U.S. Morocco Business Development Conference. The initiatives were to be finalized this week. Sapiro said the initiatives are part of the U.S.'s Middle East/North Africa Trade and Investment Partnership.
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The initiatives include a Trade Facilitation Agreement expanding on the commitments in the Free Trade Agreement, setting "a new standard for transparency and predictability in customs matters that will make it easier for companies, large and small, to bring products into our markets," Sapiro said.
Another initiative is a set of joint Investment Principles that reaffirm our common commitment to open, transparent, and non-discriminatory international investment policies. The third is a set of joint Principles for Information and Communication Technology Services, she said.