EU COSMETICS SECTOR COULD SEIZE MORE MOROCCO SALES THROUGH TRADE DEAL
May 1st, 2013
THE EUROPEAN Union’s (EU) cosmetics sector could prosper by a new trade agreement now being negotiated between the EU and Morocco. The EU imported just USD30.6 million’s worth of cosmetics and perfumes from Morocco in 2011, while Morocco imported USD173.2 million’s worth of EU-made cosmetics and perfumes that year. The new planned EU-Morocco Deep and Comprehensive Free Trade Area (DCFTA) would, said a Commission note, ease trade by “bringing Moroccan trade-related requirements, industrial standards, technical regulations and animal and plant health ...
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