Middle East Economic Survey

VOL. XLVII

No 31

02-August-2004

TRADE AND COMMERCE

US Congress Approves Free Trade Agreement With Morocco

The US Congress has approved the free trade agreement (FTA) signed with Morocco earlier this year (MEES, 15 March) which will eliminate more than 95% of tariffs immediately, and all tariffs within nine years. On 21 July the Senate voted 85-13, and the following day the House of Representatives voted 323-99 in favor of the deal. The FTA is part of a series of...