What's happening in Mediterranean & Africa

 

Mediterranean & Africa
Trade Specialists
 

 

Headway Speed Transportation
Co., Ltd.

Make perfect logistic service! H.S.T
create with you!
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Highroad International Logistics

Professional door to door service
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Panda Logistics Co., Ltd.
Qingdao Branch

Qingdao's leading consolidator and
comprehensive logistics service
provider
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.

Choice Int'l Forwarding Co Ltd. 

Your Best Choice to Africa
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Awards Shipping Agency Ltd.

From humble beginnings to full
global air and seafreight logistics
service provider.
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 With a strong dollar, US consumers have money to spend on imports
    from Africa
  
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 State of African ports around the continent port by port assessed   
   
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 Barcelona: Challenging all for the Mediterranean's logistics crown  
    
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 If Cape route makes sense on the back-haul, it might make sense on
   head-haul too  
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Euro-Mediterranean partnership encompassing North Africa
still a work in progress

 


A DIFFERENT and more volatile "north-south" problem exists today. It too concerns the peoples of the richer north seeking to improve the fortunes of the poorer south.

But this time it is more localised and refers to the economic gap that might be ameliorated with more trade between the countries on the north side of the Mediterranean with those on the south.

The key objective of the trade partnership between the countries of North Africa, in the eyes of the European Commission (EC), is the creation of a deep Euro-Mediterranean Free Trade Area.

Its aim, said the EC website, is to remove barriers to trade and investment between both the EU and southern Mediterranean countries - and among 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 on-going 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.

It is hoped that one day a Euro-Mediterranean partnership will include Algeria, Egypt, Israel, Jordan, Lebanon, Libya, Morocco, Palestine, Syria, Tunisia and Turkey.

Together, the region represents 8.6 per cent of total EU external trade. The Union for the Mediterranean aims to establish a common area of peace, stability, and shared prosperity in the Euro-Mediterranean region, said the EC position paper.

EU-southern Mediterranean relations at bilateral level are managed mainly through the Euro-Mediterranean Association Agreements. Nearly all countries have concluded association agreements with the EU.

Preparations are going to deepen these agreements through the establishment of deep and comprehensive free trade areas.

But negotiations for a Framework Agreement between the European Union and Libya are currently suspended.

Steps towards the signature of the initialled Association Agreement with Syria are also currently suspended.

But other agreements covering trade in goods and are complemented with a number of additional ongoing negotiations and preparations for future negotiations.

These talks are being held with a view to opening additional agricultural trade, liberalising trade in services and investment, negotiating agreements on accreditation and acceptance of industrial products and establishing deep and comprehensive free trade areas.

Deepening south-south economic integration is a key goal of the Euro-Mediterranean trade partnership. It is an essential element towards the establishment of a fully-fledged Free Trade Area, said the EC paper.

But regional economic integration between southern Mediterranean countries is still limited: intra-regional trade is a small fraction (5.9 per cent in exports and 5.1 per cent in imports) of the countries total trade.

This is one of the lowest levels of regional economic integration in the World. The EU supports the strengthening of trade relations among southern Mediterranean countries.

For example, 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. Egypt, Israel, Jordan, Lebanon, Morocco, the Palestinian Territories, Syria and Tunisia have signed bilateral agreements with Turkey. And negotiations are underway between other Mediterranean countries to establish similar agreements.

The EU works closely with each of its southern Mediterranean partners to support economic and social transition and reform, taking into account each country's specific needs and characteristics. These programmes are funded under the European Neighbourhood Policy.

The EU is present on the ground in the region through delegations in Algeria, Egypt, Israel, Jordan, Lebanon, Libya, Morocco, Palestinian Authority, Syria, Tunisia and Turkey.

Trade relations are part of the EU's overall political and economic relations with the region and building a framework of peace and stability is a permanent goal however long it takes.
 

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