Import and export of goods with Morocco — a bilingual EN/RU contract in 15 minutes. CISG not ratified, settlements in USD or MAD
Parties, documents and specifics for every deal scheme
Four contract types — for any deal structure with a Moroccan partner
Import phosphates, citrus fruit, fish and seafood, textiles, and auto parts from Morocco.
Export petroleum products, metals, grain, fertilizers, and machinery to Morocco.
A contract for services from Moroccan companies: IT outsourcing, tourism, logistics.
A contract for services to Moroccan clients: energy (solar), IT, construction.
Key terms to reflect in the contract with Morocco
Morocco is not a party to the CISG. Our contract is governed by Russian law, and Russia is a party without an Article 95 reservation, so the CISG applies to the sale of goods as part of Russian law (Art. 1(1)(b)).
CISG · Russian lawThe pricing currency is chosen by the parties in the contract: the form offers USD, EUR and MAD. Settlements in MAD with non-residents are restricted — use USD instead.
USD · MAD domesticOCP Group is a state-owned company. For phosphate deals, review OCP's special terms.
Phosphates · OCP GroupThe deadlines for receiving proceeds are set in the contract — the bank takes them into account when registering it. Under Presidential Decree No. 430, the mandatory amount of foreign currency proceeds to be credited is tied to the mandatory sale rate — check the rate in force on the date of the deal. For amounts from 3 million RUB (import) or 10 million RUB (export), the contract is registered with the bank and receives a unique number (UNK).
173-FZ · contract registrationAnswers on drawing up a contract with a company from Morocco
Fill in the form, pay online — and download right away. The file is accepted by banks and customs.
Our contract is governed by Russian law; disputes under it are heard by the ICAC at the Russian Chamber of Commerce and Industry.
Include in the contract the RC (Registre du Commerce) and IF (Identifiant Fiscal) numbers, the full company name, and address. Verification can be done through OMPIC (ompic.ma).
Morocco is not a party to the CISG. Our contract is governed by Russian law, and Russia is a party without an Article 95 reservation, so the CISG applies to the sale of goods as part of Russian law (Art. 1(1)(b)). Disputes under our contract are heard by the ICAC at the Russian Chamber of Commerce and Industry.
The pricing currency is chosen by the parties in the contract: the form offers USD, EUR and MAD. MAD is not a freely convertible currency. SWIFT via Attijariwafa Bank, Banque Populaire, CIH Bank.
Main ports: Casablanca, Tanger Med, Agadir.