The U.S. Agency for International Development also said that 10 new Moroccan small and medium-size businesses were selected in 2007 by the New Business Opportunities (NBO) to export products to the U.S.

    These businesses, now totalling 74, are operating in the fields of textiles and clothing, leather, and the automotive industry.

    The figures were released at the second meeting of the steering committee of the NBO, a five-year program spreading from 2004 to 2008, set up to provide support to the Moroccan industrial sector and exporting services.

    Endowed with a budget of USD 9Mn, the NBO aims to beef up Moroccan exports and national investments, attract foreign direct investments, and reinforce public and private intermediary endeavouring to elaborate and set up support policies for the productive services.