Rabat- Morocco's location in Africa is a strategic one for US firms which can use the Kingdom as a platform for access to the continent, said Deputy Assistant Secretary of Commerce for Manufacturing, Chandra Brown.
"American enterprises are well aware of Morocco's role to help the African continent build, change and evolve", she said in an interview with Moroccan economic daily l'Economiste. After she underscored Morocco's political stability and openness, the US official pointed out to the US enterprises' interest in Casablanca Finance city and the Mediterranean port of Tangiers. Brown also announced the holding of the "Select USA" summit in Morocco, an event meant to encourage other countries to invest in the USA and in Morocco. Since the Morocco-US free trade agreement entered into force in 2006, trade grew by 244pc, and US direct investments went up from USD 98 million in 2005 to USD 131 million in 2011.