The key objective of the trade partnership is the creation of a deep Euro-Mediterranean Free Trade Area, which aims at removing barriers to trade and investment between both the EU and Southern Mediterranean countries and between the Southern Mediterranean countries themselves. Euro-Mediterranean Association Agreements are in force with most of the partners (with the exception of Syria and Libya).
The scope of these agreements is essentially limited to trade in goods and a number of bilateral negotiations are on-going or being prepared in order to deepen the Association Agreements. These ongoing or future negotiations are related to further liberalisation of trade in agriculture, liberalisation of trade in services, accreditation and acceptance of industrial products and regulatory convergence.
Source: European Commission
The EU and its Mediterranean neighbors are creating an area of shared prosperity through industrial cooperation via the Euro-Mediterranean Partnership (Euro-Med).
As part of the cooperation, EU and Mediterranean industry ministers meet at regular intervals to take stock of progress, decide on future priorities, and adopt a multi-annual work programme. On 19 February 2014, they adopted a declaration outlining priority work areas for the years ahead.
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Countries and Economies
IFAC – MOSAIC
Website portal to global accountancy development, with resources and news from around the world related to the development of the accountancy profession and professional accountancy organizations.
Access to country list: http://www.ifac.org/mosaic/country-list?by-country
UNION FOR THE MEDITERRANEAN
The Secretariat of the Union for the Mediterranean aims to enhance regional cooperation and partnership between the two shores of the Mediterranean through the implementation of specific projects:
- SPECIFIC PROJECTS: The Secretariat aims to deliver specific projects that respond to the current needs and aspirations of the Mediterranean populations, and contribute to sustainable development, job creation, exchange of knowledge and innovation.
- REGIONAL COOPERATION: Many of the economic and social challenges of the Mediterranean region are directly linked to a very low level of regional integration. In this context, the action of the Secretariat is centred on the promotion of regional cooperation projects designed to strengthen integration in the region and thus, opportunities for growth and competitiveness.
More information: http://ufmsecretariat.org/objectives/#