Press Release: Promoting regional co-operation in the Mediterranean to support peace, progress and inter-cultural dialogue

The European Commission has earmarked over €97 million to fund regional projects in the Mediterranean under the 2007 budget. These projects will address challenges with a regional dimension and promote interstate co-operation on issues of mutual interest, thus promoting increased security, stability and prosperity. In 2007 the actions will focus on peace, disaster prevention, investment promotion, support to the private sector, intercultural dialogue, gender equality and information and communication. This funding comes on top of the bilateral cooperation that the European Commission is implementing with the Euro-Mediterranean Partnership southern Members.

ESO: Background information: Union for the Mediterranean http://www.europeansources.info/record/union-for-the-mediterranean/

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