Euro-Med to set up 'genuine free trade area' by 2010
23 Nov '05
4 min read
The 20-21 November EMPA summit has called on the EuroMed heads of state and government to enhance the role of civil society in the process and to agree on the financial targets for the fiscal years 2007-2013.
Positions:
According to Trade Commissioner Peter Mandelson, the EU is ready to help the Mediterranean countries confront the economic challenges of the 21st century. The common objective is the establishment of a genuine free trade area around the Mediterranean by 2010.
Spanish Foreign Minister Miguel Moratinos stated that the Barcelona summit, called on the occasion of the 10th anniversary of the Barcelona Process, seeks to be much more than a commemoration. It will be a moment to reflect upon the achievements and the shortcomings of this process during the first decade of its existence, but it will also be the birth of a commitment for the future.
The 2006 EMPA summit is to be hosted by Slovenia.
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