Barter is the present and the future of international trade, especially for people who is starting in the import export business. Barter and more: Triangular operations.
Morocco and the United States signed a new agreement November 21 that will make trade between the two countries easier. U.S., trade representative Michael Froman and Moroccan Minister of Economy and Finance Mohamed Boussaid signed the trade facilitation agreement, according to a news release from the Office of the U.S. Trade Representative (USTR).
The agreement, which builds on the United States-Morocco Free Trade Agreement, includes provisions covering Internet publication, transit, transparency with respect to penalties and other issues that will further boost Morocco's competitiveness and benefit its trade environment.
The U.S.-Moroccan economic relationship has grown significantly since the two countries' bilateral free-trade agreement entered into force in 2006. Overall trade between the United States and Morocco has increased more than 300 percent, the USTR said, U.S. foreign direct investment in Morocco has quadrupled over the same period, amounting to $613 million in stock investment in 2012.
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