The Euro-Mediterranean Forum of Economic Science Institutes (FEMISE) held its annual session on 13 and 14 February 2016 in Athens, providing an opportunity to review the partnership twenty years after the signature of the Barcelona Process. The declaration signed in the Catalan capital laid the foundations for this dialogue between both shores of the Mediterranean, but the results have fallen short of expectations.
This “convergence of two shores had to deal with instability in the Maghreb region and in the Middle East”. In short, the Process has gone from “illusion to disillusion”, according to the report published online. According to FEMISE, “the Arab Spring shattered the limited progress made since 1995”.
“The results are poor. Time has come to re-think the neighbourhood policy and to adopt concrete measures in favour of trade as well as for the movement of capital and labour”, said Ahmed Galal, President and Coordinator of FEMISE and Director General of the ERF (Economic Research Forum). Nevertheless, “the Barcelona Process echoed a real sense of optimism on Europe’s part”, said Sergio Alessandrini, Professor at the University of Modena. He “recommends not one, but several European Neighbourhood Policies (ENP)”. Many other interventions detailed on the website emphasise the need to readjust this policy.