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The Euro-Mediterranean Free Trade Area and its Impact on the Economies Involved. Special edition Euro-Mediterranean Partnership. JMWP No. 16.98, October 1998

Minasi, Nicola (1998) The Euro-Mediterranean Free Trade Area and its Impact on the Economies Involved. Special edition Euro-Mediterranean Partnership. JMWP No. 16.98, October 1998. [Working Paper]

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    Abstract

    [Introduction]. The Euro-Mediterranean Free Trade Area envisaged by the Barcellona Declaration of November 1995 should be accomplished by 2010, and is currently being organized through the new Euro-Mediterranean Association Agreements with partner countries. Up to now, treaties with Israel, Jordan, Morocco, the Palestinian Authority and Tunisia have been signed, and negotiations with other countries are well under way. Thus, it can be said that sufficient materials exist to give an accurate evaluation about the construction of the Euro-Mediterranean Free Trade Area (FTA). The paper argues that although the FTA has been conceived without fully considering all of its consequences, and actually restricting free trade only to some products, it can encourage growth on both the shores of the Mediterranean, provided that the EU adequately participate to the funding of structural change in the South, and that partner countries agree to improve domestic policies and to integrate their economies reciprocally. The structure of the FTA and its asymmetries are examined first, while policy implications for partner countries are looked at later. Finally, an analysis of possible future options is made.

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    Item Type: Working Paper
    Uncontrolled Keywords: Euro-Mediterranean Free Trade Area; Euro-Mediterranean Association Agreements; Multilateralism.
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > regional policy/structural funds
    EU policies and themes > External relations > EU-Mediterranean/Union for the Mediterranean
    EU policies and themes > External relations > international trade
    Subjects for EU documents: UNSPECIFIED
    EU Series: UNSPECIFIED
    ["eprint_fieldname_eusries" not defined]: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > University of Catania > Department of Political Studies, European Centre Jean Monnet "Euromed", Jean Monnet Working Papers in Comparative and International Politics
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 17 Mar 2003
    Page Range: p. 4
    Last Modified: 15 Feb 2011 17:15
    URI: http://aei.pitt.edu/id/eprint/407

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