Euro-Mediterranean free trade area

The European Union-Mediterranean Free Trade Area (EU-MED FTA, EMFTA), also called the Euro-Mediterranean Free Trade Area or Euromed FTA, is based on the Barcelona Process and European Neighbourhood Policy (ENP).

A Regional Convention on pan-Euro-Mediterranean preferential Rules of Origin was signed in June 2011 to allow identical rules of origin across the region.The convention covers the EU, the EFTA, the EU customs unions with third states (Turkey, Andorra, San Marino), the EU candidate states, the partners of the Barcelona Process and possibly at a later stage all of the European Neighbourhood Policy partners.

The Agadir Agreement of 2004 (FTA between Jordan, Tunisia, Morocco, Egypt) was seen as its first building block.

Further steps were envisioned into the European Neighbourhood policy (ENP) Action plans negotiated between the European Union and the partner states on the southern shores of the Mediterranean Sea, mostly with Arab League member states.

Then a single free trade area was to be formed, including the European Union.