Under the aegis of the Luxembourg Presidency of the European Union, the 3d Experts' Committee of the Facility for Euro-Mediterranean Investment and Partnership (FEMIP) meets in Luxembourg, on 7 and 8 March 2005.
Set up as a think-tank, the Experts are charged with the task of putting forward practical and operational recommendations to FEMIP's Ministerial Committee of the Economics and Finance Ministers of the EU and the Mediterranean Partner Countries (MPCs). The Meeting will focus on the ways that FEMIP can support the modernisation of the Mediterranean banking and financial markets, including regulatory reforms, development of capital markets and the support to the increased competitiveness and efficiency of the banking industry. Its recommendations will be discussed at the next Ministerial Meeting to be held on the 20th of June 2005 in Skhirat in Morocco.