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Story summary
- Duke Buchan, U.S. Ambassador to Morocco, met with Ryad Mezzour to discuss strengthening U.S.-Morocco economic cooperation.
- Buchan cited the Free Trade Agreement, which eliminates tariffs on over 95% of goods.
- Morocco aims to become a regional manufacturing and export hub, attracting investment in automotive, textiles, and renewables.
- Foreign direct investment reached a 2018 peak of $3.6 billion.
- Inflows have since stabilized around $1.7 billion, though investor confidence fluctuates.
