Morocco, Jordan Examine Technicalities to Exempt Tax
A joint committee of Jordanian and Moroccan will meet on Monday to debate technicalities to enlarge the list of tax exempt goods exchanged between the two Arab nations, reports said.
According to Morocco’s official news agency (MAP), the experts will also discuss revision of the schedule on the progressive lifting of customs barriers on Jordanian exports to Morocco.
The meeting comes ahead of the Moroccan-Jordanian joint commission meeting, which will be held in Amman late on October 24 to look into several aspects of bilateral cooperation, mainly in matters of investment opportunities, tourism, youth and culture.
Morocco and Jordan are signatory, along with Egypt and Tunisia, to the Agadir Declaration in which they set up free trade zones between Arab-Mediterranean countries.
The free trade area between the four signatory countries will be extended to six other Arab countries, namely Algeria, Libya, Mauritania, Syria, Lebanon and Palestine, awaiting the ultimate goal to establish a Euro-Mediterranean free trade zone of 27 countries by 2010 – Albawaba.com