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US president refers FTA with morocco to congress
Morocco-USA, Economics, 3/10/2004
US president, George W. Bush, has referred the FTA sealed with Morocco last week to the Congress, consistent with the Trade Act of 2002, that requires that the US chief executive notices the congress within 90 days of plans to enter into free trade agreements with other countries.
"Morocco is one of the United States strongest friends in the Middle East. Increased trade will benefit Americans and help strengthen a tolerant, open, and more prosperous Morocco. Entering into an FTA with Morocco will not only strengthen our bilateral ties with this important ally, it will also advance my goal of a Middle East free trade area (MEFTA) within a decade," the US president said in statement released Monday.
Previous Stories:
US-Moroccan FTA will favor investment in Morocco, Zoellick
(3/4/2004)
Morocco, USA finalize free trade agreement
(3/3/2004)
US convinced Morocco-US negotiations to be completed by end january
(1/12/2004)
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