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Euromed conference

Date: 16/01/2015

The High-Level Conference on the Financing of the Future Trans-Mediterranean Transport Network (TMN-T) was held on 10th December. This event took place under the aegis of the Union for the Mediterranean (UfM) and hosted by the Italian Presidency of the EU Council at the premises of the Port of Rome/Civitavecchia.

The Conference was a follow-up to the Declaration adopted in November 2013 at the UfM Ministerial Conference on Transport. Ms Oen (representing Commissioner Bulc for the UfM Northern co-Presidency) and Ms Shbeeb (Minister of Transport of Jordan, for the UfM Southern Co-Presidency), introduced the Conference together with the Secretary General of the UfM (Mr Sijilmassi) and the Italian Presidency (Mr Del Basso De Caro, Undersecretary of State for Infrastructure).

The conference reached its objective of bringing together the Euro-Mediterranean partner countries, key European and international financial institutions as well as donors and private companies to mobilise financing in a coordinated manner to support the implementation of the Trans-Mediterranean Transport Network (TMN-T) to be connected to the TEN-T.

A high number of potential financial partners and relevant stakeholders attended the Conference (including the European Investment Bank, African Development Bank, Islamic Development Bank, European Bank for Reconstruction and Development, national development agencies, Member States' representatives and several other stakeholders). For the Commission, it provided also the opportunity to present the experience related to the TEN-T and its external dimension aimed at the connection with the network of the neighbouring countries, including the Southern Neighbours through the future TMN-T.

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