The Deauville Partnership with Arab Countries in Transition
The Deauville Partnership provides support for the historic political and economic transitions of the people in Egypt, Tunisia, Morocco, Libya, Jordan and Yemen. The Partnership also includes the G8 countries (Canada, France, Germany, Italy, Japan, Russia, United Kingdom, and the United States), the EU and regional partners (Kuwait, Turkey, Qatar, Saudi Arabia and the UAE).
The Partnership also includes international financial institutions and organisations. The Islamic Development Bank is the rotating chairman of the IFI platform that includes: the African Development Bank, the Arab Fund for Economic and Social Development, the Arab Monetary Fund, the European Investment Bank, the European Bank for Reconstruction and Development, the International Finance Corporation, the International Monetary Fund, the African Development Bank, the OPEC Fund for International Development, and the World Bank.
There are several other organizations that have been supportive of the Deauville Partnership, including, the Arab League, the Organization for Economic Cooperation and Development and the United Nations organisations.
The UK’s Presidency of the Deauville Partnership – Our Vision
The UK holds the Presidency of the G8 in 2013, which means it also has the Chairmanship of the Deauville Partnership with Arab Countries in Transition.
The Partnership’s vision for 2013 is Open Economies, Inclusive Growth. We believe there is a vital role for us to play in supporting those working to create jobs and to build opportunities for marginalised groups such as youth and women. This matters for the long-term stability of the region, and the world.
Priorities in 2013
We identified eight priority areas to focus on in 2013 which align with our vision of open economies and inclusive growth:
- Small and Medium Enterprises (SMEs)
- Women’s economic participation
- European Bank of Reconstruction and Development (EBRD) mandate expansion
- Access to Capital Markets
- Asset Recovery
- MENA Transition Fund for demand-driven technical assistance
Read our pamphlet Deauville Partnership with Arab Countries in transition also available in Arabic
FCO Minister Alistair Burt discusses the G8 Deauville Partnership with Arab Countries in Transition
Deauville Partnership events
G8 Deauville Partnership Forsa SME Mentoring Scheme
The UK launched a new mentoring initiative called Forsa in June 2013 to support SME Deevlopment in the Arab Countries in Transition.
Arab Women’s Conference in London – 25-26 June
Under the UK’s presidency of the G8 and chairmanship of the Deauville Partnership, the British Government held a two-day conference in partnership with Baroness Symons of Vernham Dean, Chairman of the Arab British Chamber of Commerce.
G8 Deauville Partnership Investment conference
On 16 September, the UK hosted the G8 Deauville Partnership Investment Conference in London focused on the six Arab countries in transition (Egypt, Jordan, Libya, Morocco, Tunisia and Yemen). The event provided a forum for those nations to highlight opportunities and explain the steps they are taking to improve the environment for investment in their countries. It covered issues such as financial risk mitigation instruments, access local labour and supply chains and specific opportunities and challenges in key sectors. Senior representatives from business and government from the transition countries, the G8, regional partners and the International Financial Institutions participated.
Meeting of Deauville Foreign Ministers
Foreign Ministers of the Partnership met in September to review progress over the year and discuss priorities for 2014 and beyond.
Deauville Partnership Progress report
The UK, as Chairman of the Deauville Partnership, has released the. It details what progress has been made with the Deauville Partnership under the UK’s G8 Presidency.
Meeting of Deauville finance ministers
Finance ministers and international financial institutions of the Deauville Partnership for Arab Countries in Transition met in Washington on 10 October 2013 to re-affirm their commitment to support Egypt, Jordan, Libya, Morocco, Tunisia and Yemen in undertaking economic reforms that will lead to more stable, open and inclusive economies.