On 10 June 2003, the European Investment Bank will be holding a conference designed to inform the industrial and financial communities and professional associations represented in Brussels of the opportunities presented by its new Euro-Mediterranean financial partnership facility (FEMIP) for strengthening the private sector in the EU's Mediterranean Partner Countries (MPC).
Launched by the EIB in Barcelona last October, FEMIP aims to invest EUR 8 to 10 billion in the MPC over the next four years. Its main objective is to underpin the development of private investment in these countries - the driving force of growth, job creation and social progress in the run-up to the planned creation of an EU/MPC customs union by 2010.
The attached programme provides an overview of this event, in which a broad range of speakers from the EIB, the Commission and other economic organisations operating in these countries will address some 100 eminent participants. Their highly specific contributions will be followed by an open-floor discussion chaired by Mr Marc Paoloni, Permanent Correspondent in Brussels for the French economic daily La Tribune.