In April 2008, the Med-alliance consortium led by ANIMA and formed by ASCAME, BusinessMed, Eurochambres, UNIDO, GTZ, Euroméditerranée, launched Invest in Med, an initiative cofinanced up to 75%by the European Commission. The aim is to encourage European investments in the region and to build solid relations between the companies of the two shores of the Mediterranean. The project – implemented over 36 months and which will involve the 27 countries of the European Union and 9 Mediterranean countries under the New Neighbourhood Policy (Algeria, Egypt, Israel, Jordan, Lebanon, Morocco, Palestinian Authority, Syria and Tunisia) – has the ambition of increasing the volume and the quality of the investment flow, of Euro-Med partnerships and trade with a view to contributing to a sustainable economic development of the region. For more information : www.invest-in-med.eu

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