The European Parliament adopted, on Thursday, February 16th, the Morocco-EU agriculture free trade agreement.

The agreement provides for the reciprocal freeing up of trade in agricultural and fisheries products, the increase in the volume of Morocco’s exports of fruits and vegetables to the European markets and the lowering custom duties.
Under this agreement, custom duties on the EU’s agricultural and fisheries products will be immediately lowered by 55% (compared to 33% currently) while the same Moroccan products will receive a 70% reduction of custom duties over a ten-year period.