The United States and Morocco signed a free trade agreement on June 15, 2004. The agreement entered into force on January 1, 2006. The U.S.-Morocco Free Trade Agreement is a comprehensive agreement that supports the important economic and political reforms underway in Morocco and provides better trade opportunities for U.S. exports to Morocco by removing and removing trade barriers. Exports to the United States are also hampered by provisions of the agreement, such as .B the requirement to include U.S. inputs in Moroccan textile products so that they can benefit from the agreement, and officials said the United States has not worked to facilitate agricultural imports from the kingdom. Over the past 15 years, Morocco has signed free trade agreements (FAs) with some of the world`s largest economies. This has had an impact on the Kingdom`s trade figures, although in some cases trade deficits with these partners have also increased. The next major agreement that Morocco should sign is a comprehensive and comprehensive free trade agreement with the EU, which extends the existing Association Agreement (AA) to trade in services and the harmonisation of Morocco`s trade framework with the EU. Despite these agreements, Morocco`s share of EU foreign trade has remained more or less stable over the past decade, with 0.6% of EU imports in 2013, up from 0.7% in 2003 and 1% of EU exports in 2013, up from 0.9% in 2003.
The Easy Export project aims to create an accessible and affordable export opportunity for small traders and small businesses. It aims to create regional and international markets for micro-enterprises, small and medium-sized enterprises and employment opportunities for the country`s citizens, especially young people and women. Negotiations for a preferential trade and investment agreement with the eight-member Western Economic and Monetary Union (UEOMA) began in 2000 and resulted in a draft agreement in 2008; However, both parties have yet to sign it. (i) to take any other steps that the parties are considering to assist them in implementing this chapter and the OBT agreement and facilitating exchanges between them.