The United States and Morocco signed an FTA on June 15,
2004. The Agreement entered into force on January 1, 2006. The United
States-Morocco FTA is a comprehensive agreement that supports the significant
economic and political reforms that are underway in Morocco and provides for
improved commercial opportunities for U.S. exports to Morocco by reducing and
eliminating trade barriers.
Since the entry into force of the FTA, the U.S. goods trade
surplus with Morocco has risen to $1.8 billion in 2011, up from $79 million in
2005 (the year prior to entry into force). U.S. goods exports in 2011 were $2.8
billion, up 45 percent from the previous year. Corresponding U.S. imports from
Morocco were $996 million, up 45 percent. Morocco is now the 55th largest export
market for U.S. goods.
The Joint Committee established by the FTA held its third
meeting in December 2012. At meeting, the United States and Morocco announced
agreement on three new initiatives: a Trade Facilitation Agreement, Joint
Principles for International Investment, and Joint Principles for Information
and Communication Technology (ICT) Services. U.S. and Moroccan experts
discussed FTA implementation issues including technical barriers to trade,
sanitary and phytosanitary issues, and technical assistance to support
implementation of the labor and environment provisions of the FTA. The two
sides also discussed next steps in implementation of the 2011
Anti-Counterfeiting Trade Agreement (ACTA). Morocco joined the United States in
signing the ACTA, an agreement that will raise the standard for intellectual
property rights enforcement internationally.
The FTA Subcommittees on Agricultural Trade and Sanitary and
Phytosanitary Matters also met in September 2012 and discussed Morocco’s
implementation of the tariff-rate quotas established under the FTA to afford
U.S. wheat producers preferential access to the Moroccan market. The United
States continues to have serious concerns about Morocco’s administration of
these tariff-rate quotas.
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