Wednesday, June 18, 2008

Trade exchange between Morocco, US increases by 64% in 2007.

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Trade exchange between Morocco, US increases by 64% in 2007. The volume of trade exchange between Morocco and the US .increased by 64% to reach USD 2.3bn in 2007, the Minister of Foreign Trade, Abdellatif Maazouz, told reporters. The increase is due to the growth of Moroccan imports which nearly tripled between 2005 and 2007. Moroccan exports to US markets increased by 25%, Maazouz noted. For his part, Deputy Chief of Mission at the US embassy in Rabat , Robert Jackson, said that The Moroccan-US Free Trade Agreement (FTA) attracted a number of American investors notably in tourism, the automotive industry, mining and aeronautics.

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Trade exchange between Morocco, US increases by 64% in 2007.

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