Deputy United States Trade Representative and Moroccan Trade Minister Agree on Work Plan to Energize U.S.-Morocco Free Trade Agreement
Marrakesh, Morocco – Deputy United States Trade Representative Miriam Sapiro and Moroccan Minister of Foreign Trade Abdellatif Maazouz met in Marrakesh on Tuesday, October 26, 2010, during the World Economic Forum on the Middle East and North Africa. The meeting focused on how the United States and the Kingdom of Morocco can energize the U.S.-Morocco Free Trade Agreement (FTA) in a way that is mutually advantageous for both countries.
During the meeting, the two parties agreed to adopt a work plan focused on resolving questions related to the U.S.-Morocco FTA on agriculture, textiles and customs issues. The work plan also addresses other issues, such as labor, the environment, and bilateral cooperation, including technical assistance to improve the way the U.S.-Morocco FTA benefits exporters in the two countries. Minister Maazouz and Ambassador Sapiro expressed a firm commitment to timely implementation of the work plan. The goal for both countries is to move forward to a stage of strategic planning in trade and investment and in order to derive the greatest benefit from the FTA.
During 2009, two-way trade between the United States and Morocco was more than $2 billion.