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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''.