|euro-Mediterranean Investment Summit 2005 - Palais du Pharo, 13 et 14 Janvier 2005, Marseille|
|euro-Mediterranean Investment Summit 2005 - Palais du Pharo, 13 et 14 Janvier 2005, Marseille
An expanding market
The Europe-Mediterranean region is one of expanding opportunity. With 720m inhabitants (including the whole of the EU), EuroMed could become a common market by 2012. Such a large market—bigger by far than China—is one that businesses and investors must reckon with.
The Euro-Mediterranean Investment Summit 2005, supported by our public and private partners*, brings together global politicians, investors and executives all keen to develop economic links between the prosperous north shore and a southern shore associated with a certain amount of risk, yet full of promise and opportunity.
Since Malta and Cyprus joined the EU, the MEDA region is defined as the ten Southern Mediterranean and Middle East trading partners of the EU: Algeria, Egypt, Israel, Jordan, Lebanon, Morocco, Palestinian Authority, Syria, Tunisia and Turkey.
The strengths of the MEDA region—a young and well-trained workforce, attractive operating costs, proximity to Europe, rapidly expanding domestic markets—have already brought significant investment. The area’s natural resources, under-exploited markets, centres of excellence, and the growing domestic needs suggest that the MEDA region will gain importance in the coming years. Today, its priority is finding European partners in a diverse range of sectors, including energy, the automotive industry, information technology, telecommunications, agriculture, textile, infrastructure, transport and tourism.
The Euro-Mediterranean Investment Summit will explore the concrete actions that must be taken to speed up progress in investments and exchanges in the EuroMed region. The geo-strategic role of the Mediterranean region will also be examined, including a study of the free-trade zone models that have been created to stimulate foreign direct investment. We look forward to welcoming you to Marseille in January 2005.
Marseille,12 27 2004
Daniel Franklin & David Butter