EUROMED AGREEMENTS AND AGRICULTURAL TRADE ISSUES
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An updated picture of EuroMed agreements is provided, focusing on preferential treatment in agro-food trade and identifying major EU's commodities and countries to be affected. EU-SEMC agro-food trade is analysed using a set of indicators, such as indexes of trade specialisation, similarity and complementarity. The findings show that preferential agro-food liberalisation between EU and SEMC is still weak and only partially capable to meet both the goals stated by the EuroMed Partnership and EU's aim to strengthen its Mediterranean ties. SEMC show the highest export specialisation indexes for fruit and vegetables, oils and fats, flowers; for the EU the highest values are shown for fibre crop, cereals, live animals. Export similarity indexes suggest that Spain, Greece, Holland, Italy and Portugal could face greater competition with SEMC exports, while the SEMC-EU complementarity is stronger for Belgium, Germany, Holland and France.