Algeria
Egypt
Israel
Jordan
Lebanon
Libya
Morocco
Palestine *
Syria *
TunisiaUfM Trade and Investment Forum : More than 300 international experts discuss how to create job and trade opportunities in times of COVID-19
For decades, alarmingly high youth unemployment has left millions of young people in the Southern Mediterranean without a chance to build a career. With the COVID-19 pandemic sharply aggravating the economic and labour market conditions in the Southern Mediterranean,the UfM Trade and Investment Forum held last week discussed the role of regional cooperation in confronting the crisis. The Forum was held under the title “Creating Opportunities for Jobs in times of COVID-19” in the framework of the 25th Anniversary of the Barcelona Process.
In order to strengthen the UfM’s capacity of action as a platform for regional dialogue and cross-border cooperation in the Mediterranean, Germany announced their support to finance the creation of a UfM Hub for Jobs, Trade and Investment Promotion.
The UfM Hub will increase the UfM’s means to promote regional dialogue on the implementation and use of existing trade agreements, the approximation of standards and technical requirements and the potential of digital trade and trade in services. It will also serve to address regional priorities such as access to finance and the mobilization of investments, the development of regional value chains, as well as the integration of social, trade, financial, economic and environmental policies.
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Countries covered:
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Algeria
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Egypt
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Israel
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Jordan
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Lebanon
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Libya
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Morocco
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Palestine *
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Syria *
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Tunisia
