How Does The FTA Affect Service Sectors?
Services represent 54 percent of Morocco’s GDP. This is slightly less than the average for most developing countries. Morocco stated that one of its primary interests in concluding the Agreement was to improve the climate for investment from the United States. As such, the Agreement reinforces the on-going development of Morocco’s legal and regulatory reforms and development plans for many sectors of interest to U.S. service providers: telecommunications, e-commerce, engineering and infrastructure services, environmental and energy services among them. Morocco, a developing country, has taken on the many fundamental commitments and obligations under the Agreement that will provide the basis for enhanced liberalization and opportunities for U.S. companies providing services as well as products. The Agreement provides a framework for transparency in Morocco’s regulatory framework for services in three areas: standard setting; the regulatory application process; and judicial, arbitral, an
