Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-03-14-Speech-3-400"
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"en.20070314.17.3-400"2
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".
The idea of creating a free trade area (FTA) represents a real opportunity for growth for countries in the Mediterranean region. Strengthening the role of the Mediterranean is in fact one of the main aims to be pursued by the entire European Community, since this region is at the centre of an important mix of different cultures and a strong economic interest on a world scale.
In this context, the 1995 Barcelona summit produced an ambitious framework of cooperation between the two shores of the Mediterranean, based on achieving three main objectives for creating a common area of prosperity through:
political dialogue and security;
the use of economic partnership;
cooperation in social, cultural and human matters.
To make its intervention effective, the EU should step up technical and financial assistance supporting local level economic activities, create a framework for long-term economic and social development, regulate the free trade area in order to prevent imbalances from forming between the various labour markets, and introduce a Code of Conduct applicable to businesses.
Promoting development in the Mediterranean means encouraging dialogue between different cultures, moulding a spirit of peace and mutual understanding, together with respect for human rights."@en1
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