Morocco nets itself a new market

By signing the association agreement with the EU, Morocco has taken another step towards integrating its economy. But will the advantages outweigh the sacrifices? By Philip Eade

A SUPPLEMENT TO EUROMONEY/JUNE 1996

Challenging times

For the past decade Morocco has followed imf programmes carefully. Now the country is bracing itself for a sterner test presented by its association agreement with the European Union.

The benefits for Morocco of the agreement signed last autumn are not immediately obvious. It provides only small increases in quotas for a limited number of agricultural products. It changes little for manufacturing products, the vast majority of which already have free access to the European market.

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Morocco nets itself a new market

A SUPPLEMENT TO EUROMONEY/JUNE 1996

Challenging times

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