UfM Backing for Inter-Maghreb Trade

The Secretariat of the Union for the Mediterranean (UfM) has taken part as institutional partner in the Third Maghreb Entrepreneurs Forum, held in Marrakech on 17-18 February.

The Maghreb Initiative on Trade and Investment (IMCI) was officially launched on this occasion with the aim to boost intra-Maghreb trade by providing a roadmap and action plan for the short, medium and long term.

The official announcement of this initiative was made during the First Economic Forum of the Western Mediterranean (Dialogue 5+5), held at the headquarters of the Union for the Mediterranean in October 2013, with the aim of boosting economic integration among the countries of the Dialogue 5+5, namely Algeria, France, Italy, Libya, Malta, Mauritania, Morocco, Portugal, Spain and Tunisia.

The Third Maghreb Entrepreneurs Forum was organised by the General Confederation of Entrepreneurs of Morocco (CGEM) on behalf of the Maghreb Employers Union (UME). The objective of the Forum was to strengthen economic integration in the Arab Maghreb Union (UMA) and promote intra-Maghreb exchanges. The Forum sessions paid particular attention to the important role of entrepreneurs and Small and Medium-sized (SMEs) enterprises to accomplish this objective in the region.

In the framework of the Forum, the Secretary General of the Union for the Mediterranean, Fathallah Sijilmassi, held bilateral meetings with the President of the Tunisian Union for Industry, Commerce and Handicrafts (UTICA), Ouided Bouchamaoui, the President of the Algerian Confederation of Employers, Boualem M’rakech, and representatives of the World Bank. He also exchanged views with a delegation of young Maghreb Entrepreneurs based in Europe.

(Source: EU Neighbourhood Info)

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