In a report published on Friday 12 September, the Union for the Mediterranean (UfM) concluded that economic integration in the Euro-Mediterranean region was lagging behind, despite the potential for sustainable growth and development.
The report, published in collaboration with the OECD, explains that while trade flows between UfM countries accounted for 30% of all global exports in 2022, the Euro-Mediterranean market remained highly fragmented. “By 2023, the resurgence in intra-UfM...