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Hilbroy Advisory: EU sets sights on deeper North Africa trade

The British and German foreign ministers called this week for broad and deep economic integration.
Montreal, Quebec, Canada (prbd.net) 14/03/2011
Montreal, Quebec, March 11, 2011– Hilbroy Advisory Inc. (DeutcheBörse: 2H0) Hilbroy Advisory Reports: European Union leaders hope to deepen trade and economic ties with North Africa following the upheaval in the region, but steps in this direction are likely to be modest and slow.
European suspicion of North African workers and farm goods, and uncertainty about the political changes in North African states, mean the creation of a network of deep trade ties spanning the Mediterranean is a distant goal.
The British and German foreign ministers called this week for broad and deep economic integration. Europe's main business lobby, Business Europe, and lobbies from the textile, car and chemical industries urged a focus on North African regional integration. EU leaders also discussed the situation in North Africa at a summit in Brussels on Friday.
"Ideally we'd like to have one huge market, without duties, without problems at customs. We are hoping for the creation of a bigger middle class," said Eric Bergelin of the European Automobile Manufacturers' Association, whose members include Volkswagen, Renault and Fiat.
British Prime Minister David Cameron said at the EU summit that Europe must step up measures to isolate Libyan leader Muammar Gaddafi and do more to encourage democratic change across North Africa.
It is the moment for Europe to understand that we should show real ambition about recognising that what is happening in North Africa is a real democratic awakening, and we should be encouraging these countries down a democratic path.
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Contact:
Jean François Amyot
HilbroyAdvisory, Inc.
1400 rue Begin
Montreal, QC H4R 1X1
info@hilbroyadvisory.com
www.hilbroyadvisory.com
Tel: 514-334-3131

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About

Hilbroy Advisory Inc. is a Canadian based advisory and consultancy services company founded in 2000. Our Company provides publicly traded and private companies, institutions and individuals with a series of advisory services enabling these companies to fully reach their corporate objectives and potential.

Contact

Jean Francois Amyot

1400 rue Begin
Zipcode : H4R 1X1
514-334-3131
514-334-3131
jfamyot1@gmail.com
http://www.hilbroyadvisory.com

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North Africa, trade, economy