Egypt's CBE issues EGP5b FRN T-bonds    EHA launches national telemedicine platform with support from Egyptian doctors abroad    Madbouly reviews strategy to localize pharmaceutical industry, ensure drug supply    Egypt's real estate market faces resale slowdown amid payment pressures    Al-Mashat tells S&P that Egypt working to reduce external debt, empower private sector    Cairo's real estate market shows resilient growth as economy stabilizes: JLL    Egypt's Foreign Minister, Pakistani counterpart meet in Doha    Egypt condemns terrorist attack in northwest Pakistan    Emergency summit in Doha as Gaza toll rises, Israel targets Qatar    Egypt renews call for Middle East free of nuclear weapons، ahead of IAEA conference    Egypt's EDA, Korean pharma firms explore investment opportunities    Egypt's FM heads to Doha for talks on Israel escalation    Egypt advances plans to upgrade historic Cairo with Azbakeya, Ataba projects    Egyptian pound ends week lower against US dollar – CBE    Egypt hosts G20 meeting for 1st time outside member states    Lebanese Prime Minister visits Egypt's Grand Egyptian Museum    Egypt to tighten waste rules, cut rice straw fees to curb pollution    Egypt seeks Indian expertise to boost pharmaceutical industry    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt recovers collection of ancient artefacts from Netherlands    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt, Huawei explore healthcare digital transformation cooperation    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







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A "reset" button for Europe's backyard
Published in Daily News Egypt on 08 - 09 - 2009

STOCKHOLM: Pushing the "reset button on diplomatic relations is a popular endeavor nowadays. President Barack Obama just journeyed to Moscow in order to "reset strained United States-Russian ties. The European Union, though not in need of a "reset because of strained ties with its eastern neighbors, is involved in a deep strategic reconstruction of those relations.
When the EU launched its new "Eastern Partnership in May, the purpose was to promote further integration with the Union's six immediate eastern neighbors -Armenia, Azerbaijan, Belarus, Georgia, Moldova, and Ukraine. The global financial crisis had made an updated and strengthened policy for the EU's eastern neighborhood an urgent need. Equally important was the fact that all the countries concerned expressed an ambition to move closer to the EU.
The Eastern Partnership - originating from a Polish/Swedish initiative - offers to the six countries a substantial upgrading and deepening of relations with the EU in key areas. In trade and economic relations, it clearly sets out the objective of establishing deep and comprehensive free-trade areas between the EU and the partner countries. It confirms full visa liberalization as a long-term goal (with visa facilitation agreements in the meantime), promises enhanced cooperation on energy security, diversification, and efficiency, and comes with dedicated programs and projects to help the neighbors in their integration and reform efforts in all these areas.
Sweden's assumption of the EU Presidency should help these efforts. However, it comes at a time when the Union's eastern neighborhood faces severe challenges, with the financial and economic crisis hitting many of the partner countries hard.
Ukraine suffers from the sharp drop in global demand and trade, severely undermining its steel industry. Georgia's economic success has been largely dependent on direct foreign investment, for which there is hardly any appetite today. Partner countries that are less integrated into the global market, such as Moldova, have seen the crisis arrive more slowly, but the real effect might be equally as bad, and they are likely to recover more slowly.
The Eastern Partnership does not offer any quick remedies to the crisis. But it can provide a political framework and institution-building support to improve the deficiencies that made these countries so vulnerable to the crisis: imperfect market economies, weak state institutions, and continued corruption. The Eastern Partnership's offer of deep integration with the EU in the areas such as trade and energy carries with it considerable transformational power.
The other type of crisis that most of the partner countries are enduring is political. In most of these countries, democratic development has not yet reached a point where a change in government is a routine part of political life and can take place without risking the country's stability. The Eastern Partnership is based on the profound values of democracy, human rights, and the rule of law. Political association with the EU, and the process of integration under this Partnership, will promote reforms in these key areas.
The Swedish EU Presidency will concentrate on starting up the concrete work - the nuts and bolts - of the Partnership. The establishment of "Comprehensive Institution-Building Programs, designed to support reform of key institutions in each partner country, should take place before the year's end.
Some flagship initiatives proposed by the European Commission will finally see the light of day as well, and new projects and initiatives are likely to be developed. Here, Sweden will attach particular importance to energy efficiency programs, which will serve not only the purposes of enhancing energy security and reducing costs, but will also be an important contribution to the fight against climate change.
The Swedish Presidency, together with the European Commission, intends to organize the first meeting of the Eastern Partnership Civil Society Forum this autumn. We hope to see the start of parliamentary cooperation, as well as exchanges between local and regional authorities of the thirty-three EU and partner countries. At the end of the year, a meeting of EU foreign ministers and their colleagues from the six partners will assess the progress made so far and give guidance on the way ahead.
The Eastern Partnership is about EU integration, about the six countries moving closer to the EU's values, legislation, and ways of working, and about the EU being there to support and help this convergence. In Russia, there is a perception that is sometimes fostered which suggests that the Partnership is directed against it. But this, of course, is untrue. On the contrary, Russia, like Turkey, will be welcome to take part in relevant activities within the Partnership's multilateral dimensions.
The Eastern Partnership is not an answer to all the problems and difficulties that the six partners are facing. Nevertheless, it does represent a clear commitment by the EU to lend its political and economic support to their transition and reform - a process that should bring prosperity and stability to the whole region.
Carl Bildtis Foreign Minister of Sweden. This commentary is published by DAILY NEWS EGYPT in collaboration with Project Syndicate (www.project-syndicate.org).


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