Euro-Mediterranean Information Society (EUMEDIS) is the principal financial instrument of the European Union

European Union

The European Union is an economic and political union of 27 independent member states which are located primarily in Europe. The EU traces its origins from the European Coal and Steel Community and the European Economic Community , formed by six countries in 1958...

for the implementation of the Euro-Mediterranean Partnership activities. EUMEDIS was initiated in the Barcelona declaration in 1995. It is a 31 billion euro program.

The support it provides for the Mediterranean countries, as a central part of the EU’s role in the world, has three main objectives:

• strengthen political stability and democracy in a common area of peace and security
• create an area of shared prosperity and to support the creation of a free trade-area between the EU and the Mediterranean Partners by 2010
• create closer ties between people of these countries through cultural, social and human partnership.