European investments in the Arab states
Regional-European Union, Economics, 3/26/2001

A report released by the Arab establishment for investment guarantee, an Arab- international commission, has expected the volume of the European Union ( EU) member states investments to the Arab states to be increased as a result of implementing the Euro-Mediterranean partnership agreements especially after actual use of the " EURO ( as a united European currency ) by the Union's member states.

The report stressed that any effect on the monetary policy of the EU members states will be eventually reflected on the Arab states, which are considered the second trade partner for the EU following East Europe states.

The Arab establishment for investment guarantee called on the Arab states to implement its policy on improving its own production so as to be able to compete at the European Union states markets, following the realization of the European currency unity.

The report said that using the EURO as one currency for the EU monetary states in dealing with the Arab states will consolidate EURO's position in Arab trade, noting that EURO's improvement will be positively reflected on Arab exports and on the Arab economy as a result.

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