Development Plan for Morocco’s Foreign Trade, introduced

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The Secretary General of the Ministry Delegate for Foreign Trade at the Ministry of Industry, Trade, Investment and the Digital Economy has presented, the Comprehensive Economic Development Plan (CEDP) for the period 2014-2016 in Casablanca.

Development Plan for Morocco’s Foreign Trade, introduced

Development Plan for Morocco’s Foreign Trade, introduced

In this respect, it was explained to the members of the French Chamber of Commerce and Industry in Morocco (CFCIM) that the agenda is intended for the foreign trade and aims boost exports and reduce imports.  The Development Plan for foreign trade is an outline rooted on the inventory and the classification of required corrective measures to rise above the restrictions which have a negative influence on the trade balance.

The plan branches in three main axes. The first axis is the endorsement and encouragement of exports, by upgrading the support mechanisms for the development of commercial conformity with main concern markets and sustaining businesses in the trade sector particularly in the field of exports.

The second area talks about the rationalization of imports and facilitation of related measures to foreign trade by means of strengthening the outline of customs control, the scope of observance in terms of technical and health standards of the imports and the battle product smuggling. Furthermore, an accelerated one-stop creation and use of electronic documents will be built.

The third part is about the local products’ added value which will be gained through the promotion of economic support and integration and implementation of existing industrial conventions and the development of new projects for large public investments.

Mohamed Dekkak