Nota informativa: Renewed partnership with the Southern Neighbourhood - A new Agenda for the Mediterranean
To relaunch and strengthen the strategic partnership between the European Union and its Southern Neighbourhood partners, the European Commission and the High Representative adopted on 9 February 2021 a joint communication proposing an ambitious and innovative new Agenda for the Mediterranean. It includes a dedicated Economic and Investment Plan to spur the long-term socio-economic recovery in the Southern Neighbourhood. Under the new EU's Neighbourhood, Development and International Cooperation Instrument (NDICI), up to €7 billion for the period 2021-2027 would be allocated to its implementation, which could mobilise up to €30 billion in private and public investment in the region in the next decade.
The new agenda focuses on five policy areas:
- Human development, good governance and the rule of law: Renew the shared commitment to democracy, the rule of law, human rights and accountable governance;
- Resilience, prosperity and digital transition: Support resilient, inclusive, sustainable and connected economies that create opportunities for all, especially women and youth;
- Peace and security: Provide support to countries to address security challenges and find solutions to ongoing conflicts,
- Migration and mobility: Jointly address the challenges of forced displacement and irregular migration and facilitate safe and legal pathways for migration and mobility,
- Green transition: climate resilience, energy, and environment: Taking advantage of the potential of a low-carbon future, protect the region's natural resources and generate green growth.
A dedicated Economic Investment Plan for the Southern Neighbours aims at ensuring that the quality of life for people in the region improves and the economic recovery, including following the COVID-19 pandemic, leaves no one behind. The plan includes preliminary flagship initiatives to strengthen resilience, build prosperity and increase trade and investment to support competitiveness and inclusive growth. Respect for human rights and the rule of law are an integral part of the partnership and essential to ensure citizens' trust in the institutions.