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The International Finance Corporation recognizes Morocco as a top market reformer in the Middle East and North Africa. The nation has emerged as a commercial hub as a result of its economic reforms, investment incentives, competitive costs of production, modern banking processes, strong laws to protect intellectual property, and proximity to major markets. Morocco has a Free Trade Agreement with the United States and an Association Agreement with the European Union (EU).These agreements attract traders looking to enter Morocco, the world’s largest markets (such as the EU and the United States), and the world’s fastest growing markets (e.g., Africa). The U.S. – Morocco Free Trade Agreement entered into force in January 2006, eliminating duties on more than 95 percent of all goods and services, and U.S. exports have grown dramatically since then.
As the United States was struggling in its battle for independence from Great Britain, Sultan Mohammed III of Morocco was among the first heads of state in the world to grant American ships port access. By royal decree in 1777, Sultan Mohammed III provided the Americans with an economic ally and began what would become the longest unbroken diplomatic relationship in the history of the United States. With the more contemporary 2006 free trade agreement causing an increase in American and Moroccan exports from $481 million to $3.5 billion and $446 million to $1.6 billion
(Source: United States Department of State 2020 and Dylan Patrick: American Foreign Direct Investment in Morocco: How Can We Help? University of Nebraska – Lincoln
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Said El Mansour Cherkaoui Articles on USA – Morocco Trade Relations 16 Nov 2021In “California”
The Investment Charter, Law 18-95 of October 1995, is the current foundational Moroccan text governing investment and applies to both domestic and foreign investment (direct and portfolio).
Morocco Foreign Direct Investment (FDI) increased by 1.2 USD bn in June 2022, compared with an increase of 416.3 USD mn in the previous quarter. Morocco Foreign Direct Investment: USD mn net flows data is updated quarterly, available from Mar 2014 to Jun 2022.
According to data from the country’s foreign trade watchdog, the Exchange Office (OE), Morocco welcomed MAD 6.3 billion ($578 million) in investments from the US in the first half of 2022, compared to MAD 5.6 billion ($513.7 million) from France.
According to the United Nations Conference on Trade and Development’s (UNCTAD) World Investment Report 2020 , Morocco attracted the eighth most foreign direct investment (FDI) in Africa. Following a record year in 2018 where Morocco attracted $3.6 billion in FDI, inbound FDI dropped by 55 percent to $1.6 billion in 2019. Despite the global COVID-19 pandemic, FDI inflows to Morocco remained largely stable totaling $1.7 billion in 2020, according to the Moroccan Foreign Exchange Office, a slight increase of one percent from the previous year. France, the UAE, and Spain hold a majority of FDI stocks. Manufacturing has the highest share of FDI stocks, followed by real estate, trade, tourism, and transportation. Morocco continues to orient itself as the “gateway to Africa” for international investors following Morocco’s return to the African Union in January 2017 and the launch of the African Continental Free Trade Area (CFTA) in March 2018, which entered into force in 2021.
In June 2019, Morocco opened an extension of the Tangier-Med commercial shipping port, making it the largest in the Mediterranean and the largest in Africa. Tangier is connected to Morocco’s political capital in Rabat and commercial hub in Casablanca by Africa’s first high-speed train service. Morocco continues to climb in the World Bank’s Doing Business index, rising to 53rd place in 2020, rising on the list by 75 places over the last decade. Despite the significant improvements in its business environment and infrastructure, high rates of unemployment, weak intellectual property rights protections, inefficient government bureaucracy, and the slow pace of regulatory reform remain challenges.
Morocco has ratified 72 investment treaties for the promotion and protection of investments and 62 economic agreements, including with the United States and most EU nations, that aim to eliminate the double taxation of income or gains. Morocco is the only country on the African continent with a Free Trade Agreement (FTA) with the United States, eliminating tariffs on more than 95 percent of qualifying consumer and industrial goods.
The Government of Morocco plans to phase out tariffs for some products through 2030. The FTA supports Morocco’s goals to develop as a regional financial and trade hub, providing opportunities for the localization of services and the finishing and re-export of goods to markets in Africa, Europe, and the Middle East.
Since the U.S.-Morocco FTA came into effect bilateral trade in goods has grown nearly five-fold. The U.S. and Moroccan governments work closely to increase trade and investment through high-level consultations, bilateral dialogue, and other forums to inform U.S. businesses of investment opportunities and strengthen business-to-business ties.
Morocco and United States Trade Relations
Morocco is located in Northwestern Africa and is slightly geographically larger than California. The capital of Morocco is Rabat, which is bordered by the Atlantic Ocean. Morocco has a population of 34.37 million people and a gross domestic product (GDP) of $100.6 billion. Due to its proximity to Europe along the strategic location as a gateway to Africa, Morocco has created strong trade relationships and promotes an open market economy. In 2015, the US had $304 million in foreign direct investment (FDI) in Morocco.The United States is the fourth largest importer of Moroccan goods. In 2016, the US imported roughly $1 billion worth of goods from Morocco. The largest category of imported goods was chemicals, which made up 36.8% or $375 million of the total. Other imports from Morocco included food manufactures, apparel manufacturing products, and transportation equipment. In the same year, the United States exported $1.86 billion worth of goods to Morocco, which was an increase from the previous year. In the same year, the United States exported $1.86 billion worth of goods to Morocco, which was an increase from the previous year . The main exports to Morocco were transportation equipment (31.6%), agricultural products (15%), and petroleum and coal products (8.7%). Export data pulled from the International Trade Administration (ITA) shows that average US exports to Morocco have more than tripled since the US-Morocco Free Trade Agreement (FTA) went into effect just over a decade ago. President George W. Bush signed the FTA, the first US free trade agreement with an African country, exactly twelve years ago today; and the agreement went into effect on January 1, 2006.In the three years before the FTA (2003-2005), US exports to Morocco averaged $482 million; in the past three years (2013-2015), they increased 328 percent to $2.1 billion.At the state level, Texas claims the spot as the top exporter to Morocco, both in 2015 and on average over the past three years, exporting $510 and $710 million worth of goods, respectively. Other top state exporters when looking at three-year averages include Louisiana, West Virginia, Washington, and California in descending order; considering only 2015, Washington, Louisiana, Virginia and California rounded out the top five following Texas.When looking at sheer growth in exports since before the FTA, other states emerge as winners. Nevada experienced the biggest boost in exports at a nearly 13,000% increase; Idaho’s exports increased by nearly 11,000%; Montana’s by just over 10,000%; New Mexico by nearly 4,500%; and West Virginia by just under 4,000%.Morocco has been doing everything right to strengthen and diversify its economy,” said former US Ambassador to Morocco Edward M. Gabriel. “Choosing Morocco as the US’s first FTA beneficiary in Africa was a smart move, and I believe the US will continue benefiting from this strong relationship for years to come.”Here below, you will found presentations on the California – Morocco Trade and the MAFTA – Morocco Free Trade Agreement with the United States including investment opportunities in Morocco.
With an annual Gross Domestic Product growth rate of nearly five percent over the past five years, Morocco’s recent economic history is one of macroeconomic stability and low inflation, despite the challenges of the Arab Spring. In the World Bank’s 2017 Doing Business report, Morocco’s rating improved to 69th in the world.Morocco is conveniently located for investors who are interested in exporting to Europe and Africa. Moreover, the availability of skilled and competitive labor at lower costs, relative to Europe, is a key factor in attracting automakers to Morocco. These automakers are also eligible for tax exemptions for 25 years, provided that most of the production is destined for export.“
The interests of Renault in Morocco remains the control of the Moroccan automobile market, the availability of very-affordable and relatively well-educated workforce and the bridge to Europe and the Gateway to Africa and Middle East that Morocco provide through its strategic geographical location. Additional benefits can be also the unique opportunities that are offered by the operation of Tangier. Renault is currently the dominant company in the Moroccan automotive market. The Dacia and Renault brands, owned and operated by Renault, represent respectively 20% and 17% of the market. Renault is already operating a plant in Casablanca and the increased production of this new plant will allow the company to maintain its market share as the Moroccan automotive industry grows.” (Said El Mansour Cherkaoui)
Morocco Tourism Investment Road Show to the U.S. Calendar
WHEN: January 25, 2018 – January 26, 2018 all-day
WHERE: Los Angeles, CA – USA
The Morocco Free Trade Agreement (MAFTA)
The Morocco Free Trade Agreement (MAFTA) went into effect on January 1, 2006. Under the agreement most Moroccan goods enter the United States duty free and virtually all will enter free by the time it is fully implemented on January 1, 2023. The Morocco FTA does NOT provide a merchandise processing fee (MPF) exemption.
Morocco Free Trade Agreement (MAFTA)
Information for U.S. Exporters is available through the Department of Commerce at:
The Morocco Free Trade Agreement (MAFTA) went into effect on January 1, 2006. Under the agreement most Moroccan goods enter the United States duty free and virtually all will enter free by the time it is fully implemented on January 1, 2023. The Morocco FTA does NOT provide a merchandise processing fee (MPF) exemption. To learn more about how to claim preference on these goods, select the following:
- Can My Good Benefit From a Free Trade Agreement?
- Morocco FTA Summary
- Morocco Free Trade Agreement Implementation Instructions
This document provides the most relevant information in HTSUS General Notes 27 and 19 CFR Subpart M.
Data Elements for the Morocco FTA Certificate of Origin – Attachment A
This certification can be used by Moroccan producers and exporters, and US importers, when attesting that their goods meet the requirements of the Morocco FTA.
Harmonized Tariff Schedule of the United States (HTSUS) – Morocco FTA General Notes 27
General note, including the General Rules of Origin, Definitions, Value (including Regional Value Content and De Minimis), Sets, Packing and Packaging Materials, Indirect Materials, Record keeping and the all-important Product Specific Rules of Origin
NOTE: On the USITC link, select the “General Notes; General rules of Interpretation; General Statistical Notes,” link, followed by “General Notes 27”.
The following Morocco FTA goods may be subject to a reduced tariff rate quota (TRQ): beef; dairy; dried onions; dried garlic; peanuts; tomato paste, puree and sauce; tobacco; cotton; fabric and apparel.
The Reconciliation Prototype is unavailable for post-importation Morocco FTA claims because they are not administered under 19 USC 1520(d) but as Post Entry Amendments (PEAs), Post Summary Corrections (PSCs) or Protests (19 USC 1514, 19 CFR 174).
Additional Resources and Regulations:
|Morocco is also pursuing its own opening economic strategy, developing its trade relations with regional economic communities in Africa .. More to read at this link: Integration of Africa with Morocc|
- Morocco FTA Text – Complete text of the agreement.
- Morocco FTA Regulations
- e-CFR website including: Import Requirements, Filing a Claim, Regional Value Content (RVC) Certification, Post-Importation Refunds, Rules of Origin, Origin Verifications, Transshipment, and Penalties.
- USITC Publication 3721
- Includes the modifications to the HTSUS, the Duty Phase-Out Schedule and other important information.
- Morocco FTA Implementation Act—House Report
- House Report 108-627, United States-Morocco Free Trade Agreement Implementation Act, 108th Congress, 2nd Session
- Presidential Proclamation 7971
- Enacts the Morocco FTA; Published in the Federal Register on December 27, 2005.
- Morocco FTA Summaries and Reports
- Made available by the United States Trade Representative (USTR).
Last published: November 16, 2017
Additional information is available at the US Department of Commerce, International Trade Administration and the Department of Justice in Washington, DC., Marketwired (August 17, 2016) and World Bank, BEA.
Editor: Said El Mansour Cherkaoui, Ph.D.
US Aid to Morocco: Olive and Agricultural Products
In 2004, Congress created the Millennium Challenge Corp., a foreign aid agency headed by the secretary of state, to help developing countries reduce poverty. Since its inception, the agency has authorized grants totaling more than $7 billion to help 23 African and Latin American countries.
In 2007 the agency agreed to give Morocco $697.5 million over five years to improve the country’s employment rate and salaries by investing in its fruit-tree farms, small-scale fisheries and artisan crafts, according to Millennium. Nearly half of that money – $320 million – is earmarked for the Fruit Tree Productivity Project, with 80 percent of the cash going to olives and the rest to improve date, fig and almond production. Dates, figs and almonds are also key California crops.
Patrick Fine, who oversees such agreements as Millennium’s vice president of compact operations, said he does not believe that the investment in Morocco will harm California producers. The project, he said, is designed to help poor rural families increase their incomes and to help develop a strong ally in an important region in the world.
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Said El Mansour Cherkaoui – Glocentra – CITD Representing 25 US / Californian Companies at Casablanca – Morocco
Articles on Morocco – USA Relations by Said El Mansour Cherkaoui
Said El Mansour Cherkaoui The U.S.-Moroccan Free Trade Agreement (FTA), signed in 2006, made Morocco the first African country to sign such agreement with the United States. Such action has renewed the privileged that Morocco had to be the first … Continue reading Trade and Diplomacy: USA and Morocco December 16, 2020
Said El Mansour Cherkaoui, Executive Editor, October 25, 2020 United States’ Ambassador to Morocco, Mr David Fischer discuss the present and the prospects of the United States of America and Morocco Relation American investment in Morocco continues to flourish. Q&A with the United States’ Ambassador to Morocco, Mr David Fischer United STATES OF AMERICA – Morocco Long Standing FRIENDLY and Exemplary Relation MGR: Morocco and … Continue reading Prospects of the US and Morocco Relation
Dr. Said El Mansour Cherkaoui and His Global Interactions and Endeavors Morocco has ratified 71 bilateral investment treaties for the promotion and protection of investments and 60 economic agreements – including with the United States and most EU nations– that aim to eliminate the double taxation of income or gains. Morocco is the only country on the African continent with … Continue reading December 29, 2020
Said El Mansour Cherkaoui, 12/25/2020 – Northern California Office The US DFC has made several announcements signifying its efforts to expand into Morocco – including the opening of a new Prosper Africa regional office and an MoU signing with the government to invest $3 billion in Moroccan projects DFC Announces Initiatives to Expand U.S. Investment and Development in Morocco December 22, 2020 Office will bolster … Continue reading U.S. Trade and Investment with Morocco Revitalized
Said El Mansour Cherkaoui, December 16, 2020 California exported to Morocco $116.9 million in 2019 and $111 million of worth of goods. Dr. Said El Mansour Cherkaoui Promoting Moroccan-US Trade, Business and Cultural Relationships The key exported product categories were computer and electronic products, agricultural products, chemicals, and non-electrical machinery. Out of those categories, the largest was computer and electronic products, which had a value … Continue reading Morocco and California Trade
The Moroccan-American friendship up-to-this date  has lasted more than 240 years: The Barbary Treaties 1786-1816 Treaty with Morocco June 28 and July 15, 1786 Dr. Said El Mansour Cherkaoui & CITD in Casablanca [Morocco], Berkeley and Oakland working to expand California – Morocco trade relations Dr. Said El Mansour Cherkaoui Promoting Moroccan-US Trade, Business and Cultural Relationships About Morocco Continue reading
Morocco and United States Trade Relations by Said El Mansour Cherkaoui December 29, 2020 U.S. Trade and Investment with Morocco Revitalized by Said El Mansour Cherkaoui December 25, 2020 Morocco and California Trade by Said El Mansour Cherkaoui December 16, 2020 Trade and Diplomacy: USA and Morocco by Said El Mansour Cherkaoui December 16, 2020 United States and California Relations with Morocco by Said El … Juillet 9, 2021 Lire la suite United States of America and Kingdom of Morocco→
★ Our Core Values ★ “We are committed to promoting national and global economic systems based on the principles of justice, equity, democracy, participation, transparency, accountability and openness.” International Conference on Development – (UN – Rio de Janeiro, 2002) المركز العالمي للتجارة ★ Centre Mondial pour le Commerce ★ ★ Centro Global de Comercio ★ Based in the San Francisco Bay Area where our partners … Continue reading Center for International Business and Trade
Said El Mansour Cherkaoui, January 2, 2018 The Morocco Free Trade Agreement (MAFTA) went into effect on January 1, 2006. Under the agreement most Moroccan goods enter the United States duty free and virtually all will enter free by the time it is fully implemented on January 1, 2023. The Morocco FTA does NOT provide a merchandise processing fee (MPF) exemption. Value proposition: … Continue reading
U.S. Department of Commerce Announces Preliminary Finding That Phosphate Fertilizer Imports from Morocco and Russia Benefit from Countervailable Subsidies WE WELCOME THE CHANCE TO DEMONSTRATE OUR VALUE AND TODAY’S FINDING BRINGS US ONE STEP CLOSER TO THE VIGOROUS COMPETITION AND FAIR TRADE WE EXPECT November 24, 2020…Continue reading
Moorish Agreements [ Back To Moorish Law Page ]MOORISH AGREEMENTS MADE WITH THE USA GOVERNMENT. Treaty of Peace and Friendship, with additional article; also Ship-Signals Agreement. The treaty was sealed at Morocco with the seal of the Emperor of Morocco June 23, 1786 (25 Shaban, A. H. 1200), and delivered to Thomas Barclay, American Agent, June 28, 1786 (1 Ramadan, A. H. 1200). Original in … Continue Reading Treaty of Peace and Friendship between the United States and the Moors
The Moroccan-American friendship up-to-this date  has lasted more than 240 years: The Barbary Treaties 1786-1816Treaty with Morocco June 28 and July 15, 1786 Dr. Said El Mansour Cherkaoui & CITD in Casablanca [Morocco], Berkeley and Oakland working to expand California – Morocco trade relations Dr. Said El Mansour Cherkaoui Promoting Moroccan-US Trade, Business and Cultural Relationships … Continue Reading
Dr. Said El Mansour Cherkaoui has organized several trade missions in California, North and Sub Saharan Africa, China, France and Spain. Similarly, he has contributed in the setting of trade relations within the scope of the US – Morocco Free Trade Agreement (MAFTA) … Continue Reading Juin 28, 2018
CREATING MARKETS IN MOROCCO A SECOND GENERATION OF REFORMS: BOOSTING PRIVATE SECTOR GROWTH, JOB CREATION AND SKILLS UPGRADING Country Private Sector Diagnostic Executive Editor: Dr. Said El Mansour Cherkaoui l’Africain The Search of Relieve in the Gulf: Morocco Relations with the United Arabe Emirates … Continue Reading
The Morocco Free Trade Agreement (MAFTA) went into effect on January 1, 2006. Under the agreement most Moroccan goods enter the United States duty free and virtually all will enter free by the time it is fully implemented on January 1, 2023. The Morocco FTA does NOT provide a merchandise processing fee (MPF) exemption. Value proposition: Read more on the attractiveness of Morocco for Foreign … Continue Reading
Said El Mansour Cherkaoui, 12/25/2020 – Northern California Office The US DFC has made several announcements signifying its efforts to expand into Morocco – including the opening of a new Prosper Africa regional office and an MoU signing with the … Continue reading U.S. Trade and Investment with Morocco Revitalized ecembe
California exported to Morocco $116.9 million in 2019 and $111 million of worth of goods. Dr. Said El Mansour Cherkaoui Promoting Moroccan-US Trade, Business and Cultural Relationships The key exported product categories were computer and electronic products, agricultural products, chemicals, … Continue reading Morocco and California Trade, December 16, 2020
The Moroccan-American friendship up-to-this date  has lasted more than 240 years: The Barbary Treaties 1786-1816 Treaty with Morocco June 28 and July 15, 1786 Dr. Said El Mansour Cherkaoui in Casablanca [Morocco], working to expand California … Continue reading United States and California Relations with Morocco,
Estefan Dorantes – Mustafa Estavanico Zemouri – Doukkalais – Maroc EL JADIDA MAZAGAN ⵎⴰⵣⴰⵖⴰⵏ MAZAGÃO DOUKKALA MOROCCO Estevanico et le Portugal au Maroc Fortaleza Mazagão 1514 – 1769 Mazagão, Mazagão Novo e Mazagão Velho unidas pelo atlantico Mazagão, Mazagão Novo et Mazagão Velho unis par l’AtlantiqueMazagão de Doukkala [Maroc] … Continue Reading MAI 18, 2019
Dr. Cherkaoui has held Executive and Senior Management positions at Global Center for Trade (GLOCENTRA), East Bay Center for International Trade Development and California-Mexico Trade Assistance Center (EBCITD and CMTAC), Mercanteo/Amient, Sprint, Everex, the San Francisco Chamber of Commerce, Baker Associate and as Researcher with several institutes in Europe.
Dr. Cherkaoui’s career combines an international consulting practice, executive and managerial business duties with E-Learning practices, applied research and academic responsibilities in Europe, United States of America with project development in Africa, the Middle East as well as in the rest of the Third World. He has a successful record in international trade, business, and market development for various economic sectors which span from agriculture to information technology and telecommunications industries.
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Dr. Said El Mansour Cherkaoui conducts Executive Sessions on business and trade development in Europe, Africa and the United States of America
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Said El Mansour Cherkaoui Websites and Social Media 9 May 2022 In “Africa”
Dr Cherkaoui holds a Doctorate in Economics with Honors from the Universite de Sorbonne, Paris, France. with Research Directors as Drs. Frederic Mauro and Jacques Chonchol, two of the most preeminent Latin-American Experts and Researchers worldwide. Dr. Cherkaoui conducted an extensive doctoral research for 14 years and initially wrote 1400 pages for the doctoral thesis focusing on modernization, the early transfer of technology and their combined cause-effect relationship with international investment and regional development in Latin America as well as other developing countries.
Dr Cherkaoui also received his Master of Science degree in Prospective Science from l’Institut de Prospective et de Politique de la Science, Universite Pierre-Mendes France, (UPMF) Grenoble, France and a Diplome du Second Cycle in Economics & Finance from the L’Institut d’Etudes Politiques, UPMF, Grenoble, France. His graduate studies concentrated on Industrial Organization, Finance and the central economic role of the Moroccan State. His Bachelor of Arts degree in Accounting, Economics and Statistics is from the same Institute. Dr. Cherkaoui also holds several U.S. technical and professional certificates on Telecommunications, Information Technology, Entrepreneurship, Online Teaching, Sales, Business Management, International Trade, Trade Finance, Export-Import operations and Trade with Mexico.
Dr. Said El Mansour Cherkaoui has organized several trade missions in California, North and Sub Saharan Africa, China, France and Spain. Similarly, Said Cherkaoui has contributed in the setting of trade relations within the scope of the US – Morocco Free Trade Agreement (MAFTA).