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OECD Investment Policy Reviews: Morocco 2010

image of OECD Investment Policy Reviews: Morocco 2010

This Investment Policy Review examines Morocco’s achievements in developing an open and transparent investment regime and its efforts to reduce restrictions on international investment.

In recognition of its progress in pursuing investment policy reforms and improving the business climate, Morocco became in November 2009 the 42nd country to adhere to the OECD Declaration on International Investment and Multinational Enterprises. As an adherent to the Declaration, Morocco commits to providing national treatment to foreign investors and to promoting responsible business conduct. In turn, the country benefits from similar assurance from other adherents to treat Moroccan investors abroad fairly.

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Morocco's Adherence to the OECD Declaration on International Investment and Multinational Enterprises and Related Decisions and Recommendations

Morocco has achieved significant progress in liberalizing its investment regime making it more transparent and predictable. By consolidating these liberalization moves in the form of international undertakings, Morocco’s adherence to the OECD Declaration to International Investment and Multinational Enterprises represents a further stage in its reform process. Consistent with the provisions of the OECD Declaration, Morocco has notified its existing FDI restrictions under the National Treatment instrument. Morocco is also ready to fulfill the commitments resulting from the Guidelines for Multinational Enterprises, which are an integral part of the OECD Declaration, notably to establish its National Contact Point within the recentlyinstituted Investment Development Agency.

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