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Monday, 04 January 2010

Negotiations EU-Morocco in the agri-food and fisheries sector

The Moroccan and EU negotiators signed an agreed minute concluding negotiations that have been ongoing for almost four years in view of a future agreement on improving bilateral trade conditions for products from the agri-food and fisheries sector. The conclusion of the negotiations is subject to the approval of the respective authorities. In particular, the agreement will reinforce the position of European exporters on the Moroccan market, particularly exporters of processed agricultural products, representing a major offensive interest for the EU with full liberalisation planned in stages over the next ten years, with the exception of pasta, for which a quantitative restriction is provided. In the agricultural products sector, the agreement will allow for the immediate liberalisation of 45% of the value of EU exports and 70% in ten years. The tinned food, dairy products, oilseeds and fruit and vegetable sector will benefit fully from total liberalisation. The fisheries sector will also be opened up for EU products (91% after five years and 100% in 10 years).

Source: European Commission