 | The join States-Morocco Free Trade Agreement (FTA) entered into phalanx on January 1, 2006, eliminating duties on more than 95 percent of every(prenominal) goods and services. In addition to key U.S. export sectors gaining immediate duty-free access to the Moroccan market, the Agreement includes commitments by Morocco for increased regulative transparency and the protection of intellectual property rights. Issues relating to the definition of admit shipment and Moroccos application of tariff-rate quotas for wheat imports from the United States switch arisen since the FTAs implementation. U.S. concerns with venerate to these issues were raised at the first meeting of the bilaterally symmetric union Committee (the FTAs governing body) in March 2008, and at a number of other meetings, as well as in written exchanges before and after the conjunction Committee meeting, including with honor to wheat, at the June 2008 meeting of the Subcommittee on Agricultural Trade.Since the U.S.-Morocco FTA entered into force, there have been significant increases in bilateral peck - overall trade in goods surrounded by the United States and Morocco increased 148 percent between 2005 and 2008 from $927 million in 2005 to $2.3 billion in 2008.
While bilateral trade has declined during 2009 due to global economic conditions, both the United States and Morocco are hopeful that the multi-year positive trend will concisely return.The Joint Committee meets annually to discuss issues surrounding the FTA and its administration, including concerted efforts to expand trade and investment and to improve the business climate. The Joint Committee also attempts to resolve any concerns brought to its attention by either party. The Joint Committee is chaired by USTR and the Moroccan Ministry of remote Commerce.|
 | Ambassador Kirk, Moroccan Minister of External Commerce Maazouz talk about the U.S.-Morocco Free Trade Agreement (U.S. Trade Representative; 11/03/09)|
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