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Morocco: Business exchanges with US skyrocket | North Africa Post
US-Morocco trade has boomed thanks to their mutual free trade agreement and a developing Moroccan economy:
Business deals between Morocco and the US have soared since the signing of the Free Trade Agreement (FTA) letting figures to reach more than $4 billion last year, meaning an increase by 300 per cent, reports say.
The Free Trade Agreement which entered into force in January 2006 has boosted trade between the two countries.
More American businesses have conquered the Moroccan market on equal footing with other Moroccan companies.
American investment in Morocco in 2009 stood at $233 million thanks to the benefit provided by the FAT alongside Morocco’s growing economy coupled with a number of other factors such as a stable exchange rate, low inflation, and moderate unemployment…[FULL STORY]