MarketEuro-Mediterranean free trade area
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Euro-Mediterranean free trade area

The European Union-Mediterranean Free Trade Area, also called the Euro-Mediterranean Free Trade Area or Euromed FTA, is based on the Barcelona Process and European Neighbourhood Policy (ENP). The Barcelona Process, developed after the Barcelona Conference in successive annual meetings, is a set of goals designed to lead to a free trade area in the Mediterranean Region and the Middle East.

History
The Agadir Agreement of 2004 (FTA between Jordan, Tunisia, Morocco, Egypt) was seen as its first building block. Further steps were envisioned into the European Neighbourhood policy (ENP) Action plans negotiated between the European Union and the partner states on the southern shores of the Mediterranean Sea, mostly with Arab League member states. The initial aim was to create a matrix of Free Trade Agreements between each of the partners and the others. Then a single free trade area was to be formed, including the European Union. == Partners ==
Partners
European UnionTurkey (maintains a Customs Union with the EU) • Morocco (member of the Arab League and the Arab Maghreb Union) • Algeria (member of the Arab League and the Arab Maghreb Union) • Tunisia (member of the Arab League and the Arab Maghreb Union) • Egypt (member of the Arab League) • Jordan (member of the Arab League) • Lebanon (member of the Arab League) • IsraelPalestinian National Authority (member of the Arab League) == Prospective partners ==
Prospective partners
Syria (Member of the Arab League) • Libya (member of the Arab League and the Arab Maghreb Union) • Gulf Cooperation CouncilIraq (Member of the Arab League) • Mauritania (member of the Arab League and the Arab Maghreb Union) • United Kingdom (Former member of the EU) ==FTA progress==
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