The free trade agreement between the united states and morocco not only benefits big

Business opportunities between the United States and Morocco

Today we are going to explain you the Business opportunities between the United States and Morocco.

Note that if you have a company in the United States or in Morocco, this is a topic that will really interest you, since both countries have signed a free trade agreement that entered into force on January 1st, 2006 and offers numerous advantages for both countries.

The free trade agreement between the United States and Morocco not only benefits big   companies but also small - medium enterprises. It is a treaty that supports the economic and political reforms that are underway in Morocco, providing improved market opportunities for United States exports to Morocco with the reduction and elimination of trade barriers.

What benefits can expect the United States companies of this free trade agreement? The benefits include: tariff elimination, services sector opening the service, access to agricultural sector, improved related to the protection of intellectual property rights, transparency measures, and customs cooperation.                  

An example of these benefits can be seen in the fact that the opportunities for access to the Moroccan market for the manufacturers and service providers and American investors drastically increased, because when the agreement came into force in 2006, Morocco immediately eliminated tariffs on 92 percent of the United States, non-textile industries, which supposed to be a record in the exports for a free trade agreement signed with a developing country.

Morocco is the ninth largest trading partner in goods with the United States in Africa, benefiting not only the big United States exporters but also for small and medium businesses, which represent over 97 percent of United States exporters.

Under this treaty, what are the best sectors for U.S. companies in terms of non-textile industries? The United States Commercial Service has identified the following non-agricultural sectors as the best business prospects for U.S. companies:

Waste water treatment, tourism support services, medical equipment, telecommunications equipment and services: Support Equipment for Airports, automotive spare parts and equipment, security systems .

Now you know, if you'rean American entrepreneur or US company and want to export any of these products to Morocco in DAQS Group (www.DAQSGROUP.COM) we recommend you to check this agreement to receive the benefits that the free trade agreement between United States – Morocco can offer you.