US launches project to facilitate moroccan entrepreneurs' access to US market
Morocco-USA, Economics, 11/6/2003

The U.S. launched, in Casablanca Tuesday, Morocco Fast Track Trade Project (MFTT) destined to facilitate Moroccan entrepreneurs access to the US market and maximize investment opportunities in the U.S.

The project is part of the U.S. Middle East Partnership Initiative (MEPI), initiated by U.S. President George W. Bush in 2002 as a framework and a funding tool for the U.S. to work together with governments and people in the Arab states to expand economic, political and educational opportunities for all.

Morocco Fast Track Project, launched Tuesday by the International Executive Service Corps (IESC), will focus on preparing export-ready Moroccan small and medium-sized enterprises (SMEs) to take immediate advantage of the Free Trade Agreement (FTA) between Morocco and the United States expected to be signed before end of the year.

Moroccan exterior trade minister, Mustapha Mechahouri, called on Moroccan small and middle-sized enterprises to join the project which "evidences our great interest in developing economic and trade relations between Morocco and the U.S." The project includes providing assistance to Moroccan SMEs in initiating export sales, acquiring new technology, and developing joint ventures and other strategic alliances with U.S. partner firms, Mechahouri said in a speech read out on his behalf.

For his part, IESC's exports director, Rudy Vogel, said Morocco Fast Track Trade project is destined to promote trade and investment by assisting Moroccan entrepreneurs sign agreements with US companies and facilitate their access to US markets.

To this aim, he underlined, the International Executive Service Corps was assigned to help Moroccan entrepreneurs profit from trade and exports opportunities in the United States.

IESC is the world's largest not-for-profit business development organization. Since 1964, it has been working to increase the competitiveness of entrepreneurs and small and medium-sized firms in the developing world and in emerging democracies.

Previous Stories:
  Morocco and US confident that FTA be signed before end of year   (10/18/2003)
  Moroccan, US FTA negotiations held in good conditions, US official   (10/16/2003)
  USAID prone on supporting Moroccan economy modernization   (10/2/2003)

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