Question

Write a report on morocco s influential trade policies, import substituting industrialization, trade liberalization, and export oriented industrialisation

Answer 1

Influential trade policy

Morocco is founding member of wto or gatt in markesh conference of parties in 1994-95.it start Lliberalization policy from 1995 and now morocco has signed free tradeagreements with GCC countries and now it's the part  of one of the largest free tradenetworks in the world and now enjoying duty-free access to a huge market.morocco biggest traditing partener are from europian union countries of phosphate and it's derivative ,agriculture produce etc.

As a member of oic Morocco has signed bilateral trade and tariff agreements with many of the Arab and Sub-Saharan African countries.

Moracco started important substitute industrialisation since 1980 in the field of agriculture and manufacturing sector through food processing industry , making of industrial equipment , automobile manufacturing etc. This country also focussed on solar power and clean energy to replace import of crude oil and gases, that why it became part of international solar alliance in 2015 And try to produce substitute import of energy .

It has start trade liberalisation in since 1980s and then became founding member of wto . Now this country signed many trade agreements with gcc countries , African countries, Arab countries and EU countries to liberslised trade through reduced tarrif and other duties.

This countries exporter of phosphate rock mining and processing, food processing, leather goods, textiles, selling of arts and crafts, and tourism. Morocco's main trading partners are France and Spain. Thus it has export orientation of industrliasatiom in these field . It is increaseing research and development innovation relatted to these industry and attracting fdi in these field to boost expirt orientated industry.