Turkish State Minister Tuzmen Due To Morocco

Sources said that the 4th Turkish Export Fair will be held in Morocco at the same time.

Nearly 150 businessmen will accompany Tuzmen during his visit to that country.

The number of countries which Turkey has signed Free Trade Agreement reached to 16 with Morocco.

Turkey and Morocco also signed Trade and Economic Cooperation Agreement, Agreement on Mutual Encouragement and Protection of Investments, and Agreement on Prevention of Double Taxation. These agreements formed the legal framework of commercial and economic relations between two countries.

Turkey’s export to Morocco increased by 74 percent in the first 7 months of 2004 and reached to 187 million U.S. dollars. Import amount increased by 30 percent and reached to 53 million U.S. dollars in the same period.