US President Bush declares intention to sign US-Morocco trade agreement

Published March 9th, 2004 - 02:00 GMT
Al Bawaba
Al Bawaba

In a March 8 message to the US Congress, US President Bush stated his intention to sign the US-Morocco Free Trade Agreement (FTA). 

 

"Entering into an FTA with Morocco will not only strengthen our bilateral ties with this important ally, it will also advance my goal of a Middle East free trade area (MEFTA) within a decade," Bush said. 

 

According to US trade law, the Congress will have a 90-day period to study the text and develop facilitating legislation for the implementation of the agreement. 

 

Officials from the Office of the US Trade Representative have indicated that they have been in contact with members of Congress and are working closely with them to ensure timely implementation of the free trade agreement. — (menareport.com)  

© 2004 Mena Report (www.menareport.com)