NFTC Vice President for Regional Trade Initiatives and Director of the MEFTA Coalition Chuck Dittrich released the following statement:
“We welcome these new initiatives, as they represent a bilateral commitment to raising standards reflective of the ever-changing global economic environment and ensuring that the U.S.-Morocco Free Trade Agreement – implemented in 2006 – is a living agreement.
“With these initiatives, both countries are also reaffirming their commitment to transparency in international trade and investment policies, as well as ensuring support for the global development of ICT services to further spur innovation and e-commerce.
“This announcement represents tangible action to increase Morocco’s competitiveness in the global economy and provide state-of-the art rules and processes. The initiatives will also help to forge deep and sustained mutually beneficial commercial partnerships between U.S. and Moroccan companies, workers and agricultural producers.
“Given recent transitions in the region, the United States has a significant opportunity to expand trade and investment, and today’s announcement is an important step in furthering U.S. engagement in the Middle East and North Africa. We look forward to similar sustained efforts by the U.S. toward other Arab Spring countries such as Egypt, Libya and Tunisia, as well as for the region as a whole.”
Advancing Global Commerce for Nearly A Century- The National Foreign Trade Council (www.nftc.org) is a leading business organization advocating an open, rules-based global trading system. Founded in 1914 by a broad-based group of American companies, the NFTC now serves hundreds of member companies through its offices in Washington and New York.
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