'Resource-Full Revolutions'
The South Mediterranean region has considerable endowments in natural gas, oil, iron ore, phosphates, steel, wood extracts, zinc and fisheries, as well as for Mediterranean agriculture products. Daniel FIOTT would like to see this potential translated into something he would call 'resource-full revolutions'. Specific initiatives would include a Euro-Med Energy Community, bearing in mind the experience of the EU in extending its energy policies into south-east Europe, which places an important emphasis on harmonization of the regulatory environment. He refers also to the Mediterranean Solar Plan of the Union for the Mediterranean, and the intentions of the EU to conclude new trade liberalization agreements for fisheries and agriculture. At the G20 level there were attempts this year to advance commodity policies, such as with the new Agricultural Market Information System (AMIS), which FAO is entrusted to develop, but these remain to prove their value.