Course summary Euro-Mediterranean Partnership (EUROMED) European Union:
The objective of the Union for the Mediterranean (Barcelona Process) is to develop economic integration
and democratic reform across 16 neighbors of the European Union to the south in
North Africa and the
Middle East.
The members of the Union for the Mediterranean are: 27 European Union
member economies, Albania,
Algeria, Bosnia and Herzegovina,
Croatia,
the Arab Republic of Egypt, Israel, Jordan, Lebanon,
Mauritania, Monaco, Montenegro, Morocco,
the Palestinian Authority, Syria, Tunisia
and Turkey.
The main objective of the trade partnership is the creation of a deep Euro-Mediterranean Free Trade Area,
which aims at substantially liberalizing bilateral Trade between both the European Union and Southern Mediterranean countries
and Southern Mediterranean countries themselves.
International trade in products:
- European Union exports to the Southern Mediterranean region in 2009: EUR119 billion
- European Union imports from the Southern Mediterranean region in 2009: EUR105 billion
- European Union total foreign trade with the Southern Mediterranean countries was EUR224 billion in 2009- some 10% of total European Union international trade.
The European Union encourage the strengthening of trade relations
between Southern Mediterranean countries:
- the Agadir Agreement between Tunisia, Morocco, Jordan, and Egypt
(in force
since 2007), remains open to other Arab Mediterranean countries;
- Israel and Jordan have signed a Free trade agreement;
- The Arab Republic of Egypt, Israel, Morocco, Palestine, Syria and Tunisia have
signed bilateral trade agreements with Turkey.
European Neighbourhood Policy (ENP)
Example of the course Euro-Mediterranean Partnership (EUROMED)
European Union:
