The private sector to the rescue of regional integraton in North Africa

Abstract

Evidence shows that the actors in this sector feel increasingly concerned by economic, political and social issues related to the integration process, especially in the North African region who is witnessing currently complex political transitions arising from the Arab spring, stagnant economies, porous borders and the increase of security risks. The combination of all these factors leads to negative impacts on growth, exports, investment and employment. This is why the private sector is mobilizing to give new impetus to regional integration, now perceived as a fundamental strategic objective, given the socioeconomic and political challenges it represents for the future of the entire region. regional integration continues to represent for the countries of North Africa an opportunity to be seized as well as a challenge to be overcome; and, the objectives of the integration process in which their countries have been committed since the beginning of the nineties. The objectives of this integration are mainly: building a common market, the convergence of macroeconomic policies, the harmonized implementation of sectoral policies and the strengthening of good neighborly relations, peace and security in the region.