Outcomes of Meeting of the Deauville Partnership

Outcomes of Meeting of the Deauville Partnership with Arab Countries in Transition

Media Note
Office of the Spokesperson
Washington, DC
April 12, 2012

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At this time of rapid and historic change in the Middle East and North Africa (MENA) region, the United States, as chair of the Group of Eight and the Deauville Partnership with Arab Countries in Transition, launched discussion under the Trade, Investment and Integration Pillar at the Dead Sea in Jordan on April 11-12, 2012. These discussions, co-hosted by the Hashemite Kingdom of Jordan, focused on ways to increase regional integration, spur private investment, improve trade facilitation, and upgrade infrastructure to support long term growth and stability in the region as a basis for shared prosperity.

Today the following documents were issued:

•Statement on Open Investment, issued by the Deauville Partnership with Arab Countries in Transition

•Chairman’s Statement jointly, issued by Jordan and the United States

Agreed Summary on “Building a New Trade and Investment” issued by the United States and agreed to by the Governments of Egypt, Jordan, Morocco and Tunisia

The U.S. delegation to meeting included representatives from the White House National Security Staff, United States Trade Representative, Departments of State and Treasury and U.S. AID.

The Governments of Canada, Egypt, France, Germany, Italy, Japan, Jordan, Kuwait, Libya, Morocco, Qatar, Russia, Saudi Arabia, Tunisia, Turkey, the United Arab Emirates, the United Kingdom, and the United States, along with the European Union attended the meeting.

In addition, representatives of the African Development Bank, the European Bank for Reconstruction and Development, the Islamic Development Bank, the International Finance Corporation, the International Monetary Fund, the Organization for Economic Cooperation and Development and the World Bank also participated.

ENDS

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