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5/31/05

Haaretz - The EU - Israel and the Middle East

HaaretzThe EU - Israel and the Middle East

Since 1995, the EU has poured more than -13 billion (US$16.3 billion) in development aid, grants and soft loans in its Euro-Mediterranean partnership to help shore up the Middle East peace process. European Union foreign ministers and their counterparts from Israel and its Arab neighbors take stock of the Mideast peace process and debate economic and political cooperation between Europe and the Middle East at a two-day meeting opening next Monday. Rarely in the past decade has the twice-annual Euro-Mediterranean ministerial meeting opened with better prospects for peace in the region than now.
The EU wants to exploit a Feb. 8 Israeli-Palestinian truce to push an ambitious plan to boost education, trade, economic integration and human rights programs in the region as part of an overall effort to craft a Euro-Mediterranean free trade area by 2010.

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