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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 Policy Framework for Investment

As shown in the examination of Morocco’s investment policies under in the OECD Policy Framework for Investment, the authorities have adopted a series of laws and various regulatory and institutional mechanisms needed to improve the investment climate, including in the areas of trade and competition policies and infrastructure developments. The new Moroccan Investment Development Agency will be a focal point for setting up investment promotion strategy in close association with the private sector. The government has also undertaken several initiatives to ensure responsible business conduct in line with internationally recognized principles regarding labour rights, human rights, environmental protection and combating corruption.

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