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Yemen Luxembourg Presidency initiative for Maghreb youth employment hailed at Mediterranean economic conference
November 10, 2015
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An initiative on youth employment through vocational training in the Maghreb countries, presented by the Luxembourg Presidency of the EU, has received the full support of economists, experts, actors on the ground and political leaders present at the 11th Mediterranean Economic Rendezvous, a conference organised by the EU-funded Mediterranean Institute Femise and the Circle of Economists.
In their final declaration, participants considered this proposal to be “a first essential step in tackling the problem of youth unemployment” and appealed for “the creation of a specific common fund in order to mobilise the €200 million required for the programme in order to get this first step in favour of youth employment started as soon as possible.”
The idea of the Euro-Maghreb initiative for youth employment means “investing in our young people so that they can participate fully in economic life and build their future”, said Nicolas Schmit, Luxembourg’s Minister for Labour, Employment and the Social Economy. The initiative aims to strengthen and renew the partnership between Maghreb States and the EU in order to encourage youth employment more actively.
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Countries covered:
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Algeria
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Libya
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Morocco
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Tunisia
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