US-Morocco Free Trade Agreement (FTA)
|Countries Involved:||United States of America, Morocco,|
|Area of Cooperation:||Goods, services, intellectual property and investment|
The Agreement entered into force on January 1, 2006. At that time, tariffs for more than 95 percent of qualifying consumer and industrial goods were immediately eliminated. Remaining tariffs for most remaining qualifying goods will be eliminated over a nine-year period from the date the Agreement entered into force. For a limited number of products, tariffs will be eliminated over a period of up to 15 years. Currently U.S. exports to Morocco are subject to an average tariff of over 20 percent.