The 3rd Ministerial Committee Meeting of EIB's Facility for Euro-Mediterranean Investment and Partnership (FEMIP) will take place in Naples on 10 and 11 November 2003. Its purpose is to evaluate progress one year after the establishment of the Facility, discuss FEMIP's future prospects, as well as important policy issues confronting Mediterranean Partner Countries (MPCs) in their quest for sustained and sustainable growth and development, namely:
- Infrastructure financing as support to private sector development,
- Facilitation of FDI in the Mediterranean region and
- Financial instruments for SME development.
The meeting will be held at Ministerial level under the joint chairmanship of the Italian Minister of Economy and Finance, Mr. Giulio Tremonti and EIB President, Mr. Philippe Maystadt, in the presence of Mr Philippe de Fontaine Vive, EIB Vice-President in charge of FEMIP. It will be attended by the 15 EU Member States and the 12 MPCs, as well as by representatives of the European Commission, the International Monetary Fund (IMF), the World Bank group (WB and IFC) and the African Development Bank (AfDB).
On this occasion, Mr. Giulio Tremonti, Mr. Philippe Maystadt and Mr Philippe de Fontaine Vive will hold a press conference:
Tuesday, 11 November 2003, 12h00
at the Castel del Ovo
Via Partenope
Napoli-Harbour