Barcelona Process
The Barcelona Process is an initiative, which lays the foundations of a proposed new regional relationship. In the Barcelona Declaration, the Euro-Mediterranean partners established the three main objectives of the Partnership:
- Definition of a common area of peace and stability through the reinforcement of political and security dialogue (Political and Security Basket).
- Construction of a zone of shared prosperity through an economic and financial partnership and the gradual establishment of a free-trade area (Economic and Financial Basket).
- Rapprochement between peoples through a social, cultural and human partnership aimed at encouraging understanding between cultures and exchanges between civil societies (Social, Cultural and Human Basket).
The Euro-Mediterranean Partnership comprises two complementary dimensions:
Read more about this topic: Euromediterranean Partnership
Famous quotes containing the word process:
“Consumer wants can have bizarre, frivolous, or even immoral origins, and an admirable case can still be made for a society that seeks to satisfy them. But the case cannot stand if it is the process of satisfying wants that creates the wants.”
—John Kenneth Galbraith (b. 1908)