VOL. XLV

No 27

8-July-2002

MOROCCO

Morocco To Progressively Remove Tariffs On Petroleum Products

TheMoroccan Government has announced its intention to gradually remove tariffs on importedpetroleum products as part of the program of trade and internal market reformsagreed with the European Union. The tariffs on imported petroleum products willbe cut by 10% annually over six years with the aim of boosting downstreaminvestment in the domestic distribution and retail sector. By 2007, Moroccos oil...