Mediterranean Free Trade Area

The Mediterranean Free Trade Area (MedFTA) is an agreement aiming to increase economic cooperation among countries bordering the Mediterranean Sea. Its goal is to reduce tariffs and trade barriers, making it easier for businesses to buy and sell goods across member nations. By fostering smoother trade, the MedFTA seeks to boost economic growth, create jobs, and promote regional stability. It involves countries from Europe, North Africa, and the Middle East working together to integrate their markets, encouraging shared development and stronger economic ties in the region.