Invest in Morocco : Treaty between the United States of America (USA) and the Kingdom of Morocco regarding the Encouragement and Reciprocal Protection of Investments
This bilateral treaty, signed on July 22, 1985, aims to foster investment flows between the United States and Morocco by providing a secure and predictable legal framework for investors from both nations.
Key Provisions
- Investment Protection
- Both parties commit to ensuring fair and equitable treatment of investments, including protection against arbitrary or discriminatory measures.
- Provisions are in place to safeguard investors’ rights to transfer funds freely, such as profits, capital, and other returns, in a freely convertible currency.
- National Treatment and Most-Favored-Nation (MFN) Standards
- Investors from each country are granted treatment no less favorable than that given to domestic investors (national treatment) or investors from third countries (MFN).
- Compensation for Expropriation
- Expropriation or nationalization of investments is permitted only for public purposes, in a non-discriminatory manner, and with prompt and adequate compensation.
- Dispute Resolution
- The treaty establishes mechanisms for resolving disputes between investors and the host state through international arbitration, including recourse to institutions like ICSID (International Centre for Settlement of Investment Disputes).
- Promotion of Investments
- Both nations agree to create favorable conditions for investments by reducing barriers and providing a transparent regulatory framework.
Impact and Goals
- The treaty seeks to enhance economic cooperation between the two countries by creating a climate that encourages private sector participation and foreign direct investment (FDI).
- It underscores the mutual commitment to fostering development and economic integration through strengthened bilateral investment ties.
This treaty reflects the strong diplomatic and economic partnership between the United States and Morocco while promoting growth, innovation, and stability through reciprocal investment opportunities.
In order to knwo more: https://www.morocconow.com/
