MEDITERRANEAN UNION: COMPANIES, GOAL IS TRADE UP 10% A YEAR

(ANSAmed) - MARSEILLE, JULY 4 - A few days before the summit
for the launch of the Union for the Mediterranean, the
organisations of entrepreneurs of the area appealed to the heads
of states of the European Union and the Mediterranean area to
set a specific economic agenda, to aim mainly at boosting trade
by 10% per year. The chairman of the French industrialists'
association Medef, Laurence Parisot called for the
''implementation of a strong and coherent strategy'' for the
Mediterranean, during the ''Med Business Days'', organised in
Marseille in collaboration with Business Europe and with the
Union of Mediterranean. Confederations of Enterprises (UMCE), in
which business delegations from Algeria, Lebanon, Syria,
Morocco, Israel, Tunisia and the Palestinian Territories are
taking part.
The Union for the Mediterranean will be launched in Paris on
July 13 in a meeting of the heads of state and government of the
27 EU states and of those on the southern coast of the
Mediterranean. The Mediterranean employers associations support
that project but warned that ''without a clear set of policies
and effective goals'' it ''will not act as incentive for the
companies to make the necessary investments in the region''.
''We call upon the heads of state of the Mediterranean and
European Union states to set an agenda'', which must make up the
framework of the Union for the Mediterranean, Parisot explained.
The goals announced are: ''boost trade between the European
Union and the Mediterranean countries by 10% a year'', ''triple
the foreign direct investments until 2020'' and ''assure a
regulation framework for all investors''. Parisot cited among
the instruments discussed ''consolidated partnerships in terms
of innovation, training and education'', ''the creation of
common financial instruments'' or more ''a policy of great
projects, orientated in particular on energy and environment''.
Currently, the trade with the countries on the southern coast
of the Mediterranean accounts for just 5% of the total EU trade,
given the fact that the project for a free trade area, which has
to come into force in 2010, advances rather slowly. ''The
European Union in interested in the southern coast tardily after
having financed abundantly the countries of eastern Europe,''
Habih Yousfi, chairman of the Algerian association. ''No one
knows yet from where the funds to finance the projects in the
Mediterranean will come,'' he remarked. ''From the EU or from
the private sector? There is no answer yet''.