First Published: 2005-01-12

 
Moroccan drug industry slams US free-trade deal
 

Industry official warns free-trade agreement with US will cause downfall of Morocco’s pharmaceutical industry.

 

Middle East Online

Moroccan pharmaceutical industry employs 30,000 people

RABAT - Morocco's pharmaceutical industry is at threat from a free trade agreement signed with the United States in August last year, an industry spokesman warned on Wednesday.

"The free-trade agreement with the United States will cause the downfall of this industry, the pride of our economy," Mohamed Rhaouti, president of the Council of the Order of Moroccan Pharmacists, said in an interview.

The Moroccan pharmaceutical industry employs 30,000 people including a fifth of managers, supplies 80 percent of the country's requirements and exports 10 percent of its production, he told Aujourd'hui Le Maroc newspaper.

"Citizens will be the first to suffer because access to far cheaper generic medecines will be delayed," he said, saying that imported US medecines would retail at high prices.

"If we increase prices, most people will never have access to medecines," he warned, saying that Moroccans currently spend just 450 million dollars per year on medecines, an average of 170 dirhams (17 dollars/13 euros) per person.

The Moroccan association for the fight against HIV/AIDS has also voiced concerns over the agreement, under which Rabat agreed to impose high penalties for intellectual property and trademark violations, could undermine access to cheap medecines.

The US-Moroccan agreement, which is due to be ratified by the Rabat parliament next week, calls for the elimination of customs tariffs on 95 percent of industrial and commercial goods.

It covers industrial and agricultural goods, intellectual property, services, customs, employment, the environment and telecommunications.

The north African nation is the United States' 73rd largest trade partner.

 

Islamic State ‘share in US weapons’ embarrasses Pentagon

Hundreds protest in Iran after horrendous acid attacks

Libya army scores small victory in Benghazi

Masdar to build first large-scale wind farm in GCC

Kasserine reaps bitter harvest from Tunisia revolution: Poverty and terrorism

Turkish woman arrested for stepping on Koran

Erdogan criticises US for airdrops on Kobane

Iraq schools provide shelter but late to open for classes

Syria air force shoots down two of three 'IS warplanes'

Egypt court rules on ‘Nasr City terror cell’

Fire from Egypt wounds two Israeli soldiers near border

By hook or by crook, settlers notch up property gains in East Jerusalem

Turkey envoy meets leader of parallel government in Libya

Israel arrests seven Palestinian fishermen off northern Gaza

Khamenei to Abadi: Iraq can beat 'Islamic State' without foreign troops

Saudi special court rules in cases of riots and terrorism

Only in Libya: Government calls for civil disobedience

Iraq Kurds set to vote on deployment of Peshmerga forces to Syria

Alderton: Morocco unrivalled business gateway to sub-Saharan Africa

Protests over IS turn Istanbul University into war zone

Turkey eyes stricter punishment against lawbreakers at protests

For Sudan President: Promises are something and re-election is something else

Iran returns Abadi to ‘house of obedience’

From traditional military to counterinsurgency force: Syria army grows more capable

South Sudan rivals accept 'responsibility' for civil war

British drones in Iraq also used for Syria surveillance

Turkey launches new wave of wire-tapping arrests

Rise of Shiite militias challenges government authority in Iraq

Syria Kurds show impressive resistance to ‘Islamic State’ in Kobane

Vote or boycott: Grim record of self-serving politicians puts off voters in Tunisia

Egypt universities tighten security to avoid new Islamist violence

Iran forces inside Iraq as Abadi rules out foreign ground intervention!

South Sudan rivals meet in new bid to end civil war

From Morocco into Spain: Crowd of African migrants charges to border fence

Deadly suicide attack targets Shiite mosque in central Baghdad

Turkey gives Iraq Peshmerga forces passage to Kobane

Israel to supply Egypt with natural gas despite sabotage

Kerry seeks help of Southeast Asia in anti-Islamic State push

Qaeda inflicts heavy losses on Huthi rebels in central Yemen

US carries out first weapon airdrops to Kurd fighters near Kobane

Benghazi violence kills 75 people in five days

Morocco accuses Algeria of firing on civilians across border

Australia finalises deal for deployment of Special Forces to Iraq

Tunisia calls on Libya authorities to locate missing journalists

Turkey rejects calls to arm ‘terrorist’ Kurdish party in Syria