Bush authorizes start of US-Morocco trade pact
WASHINGTON (Reuters) – U.S. President George W. Bush signed
an order on Thursday to bring a free trade agreement with
Morocco into force on January 1, the White House said.
“Morocco is a close friend and ally of the United States,
and this (free trade agreement) sends a powerful signal that
the United States is firmly committed to supporting tolerant
and open Muslim societies,” the White House said.
Under terms of the pact, completed in March 2004, the
United States and Morocco agreed not to use agricultural export
subsidies in each others’ markets.
Morocco agreed to provide preferential market access for
all U.S. agricultural products by phasing out tariffs in
installments on a product-specific basis.