In October 2009, the Government of Canada launched an extensive consultation process with the Canadian public, provinces and territories, businesses and non-governmental organizations to gather input and define the scope of a potential free trade initiative with Morocco. In parallel to these consultations, government officials from both countries participated in two exploratory cycles; first in January 2009 in Rabat, then in June 2009 in Ottawa. Morocco has entered into an association agreement with the European Union (EU) which came into force in March 2000 and foresees a total reduction in tariffs by 2012. In March 2004, Morocco signed a free trade agreement with the United States, which came into force on January 1, 2006. Morocco has also concluded free trade agreements with Tunisia, Egypt, Jordan (these four countries are signatories to the Agadir Declaration), EFTA and Turkey. Morocco is a member of the World Trade Organization (WTO) and the Arab Wholesale Zone (GAFTA). An agreement on the promotion and protection of foreign investment (FIPA) is an agreement to encourage foreign investment. Unseen Trade Benefits A system very similar to Morocco`s – A free trade agreement with Morocco has the potential to improve bilateral trade and investment relations between our countries and advance Canada`s foreign policy objectives in the region. A free trade agreement with Morocco would be Canada`s first such agreement with an African country, and Morocco could be a gateway to a new Canadian trade presence in the Mediterranean and North Africa.

It could also better position Canadian operations relative to its competitors in this market, particularly with respect to those who benefit from a preferential trade agreement with Morocco. Canada is currently conducting exploratory discussions on bilateral or multilateral free trade agreements with the following countries and trade blocs, although formal negotiations have not yet begun: [7] Economic analyses, exploratory consultations between governments and public consultations with national stakeholders have shown broad support for a Canada-Morocco free trade agreement and sufficient potential benefits to recommend the negotiation of a comprehensive free trade agreement. In 2009, two-way merchandise trade with Morocco amounted to $513 million. Imports from Morocco amounted to $138 million, mainly tangerine oranges, nuts, textile clothing, electrical machinery and footwear. Canadian exports to Morocco totaled $375 million, mainly durum, mineral fuels and oils, vehicles, pulses and pharmaceuticals. „If Morocco signs this agreement, it is above all to attract foreign investors.“ Take your business to the next level. Explore opportunities to increase your footprint in Morocco with our Trade Commissioner Service (TCS) and learn more about trade relations between the two countries, market facts and other knowledge. In 2012, two-way merchandise trade totaled $522.6 million. Canadian merchandise exports to Morocco totaled $368.5 million in 2012. Canada`s first exports to Morocco in 2012 included wheat (mainly durum, accounting for 57.1% of Canada`s exports to Morocco) and mineral fuels.

Canadian merchandise imports from Morocco totaled $154.1 million in 2012. Major imports included edible fruits (mainly citrus fruits), mineral products (mainly fluorine spath and calcium phosphate), woven clothing and fertilizers. Since the free trade agreement came into force, the U.S. trade surplus with Morocco has increased to $1.8 billion in 2011, up from $79 million in 2005 (the year before it came into force). In 2011, merchandise exports to the United States totaled $2.8 billion, up 45% from the previous year. The corresponding U.S. imports from Morocco amounted to