Saturday, October 27, 2007

Guess who's next?

"In January 2006, the bilateral Free Trade Agreement (FTA) between the United
States and Morocco went into effect. The FTA represents an important step
towards President Bush's vision of a Middle East Free Trade Area and is the
first in Africa. The U.S.-Morocco FTA eliminated tariffs on 95% of bilateral
trade in consumer and industrial products with all remaining tariffs to be
eliminated within nine years. The negotiations produced a comprehensive
agreement covering not only market access but also intellectual property
rights protection, transparency in government procurement, investments,
services, and e-commerce. The FTA provides new trade and investment
opportunities for both countries and will encourage economic reforms and
liberalization already underway."

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