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Participation in the Economic and Financial Forum for the Mediterranean

28 July 2009

Munib R Masri and Mazen Masri participated in The Economic and Financial Forum for the Mediterranean which took place in Milan, Italy on 20 and 21 July.

The opening speech was delivered by Italian Prime Minister Silvio Berlusconi followed by speeches from Egypt’s President Hosni Mubarak and French Minister Christine Lagarde (the two countries currently holding the rotating presidency of the MU) together with Sweden’s Deputy Premier, Maud Olofsson representing the presidency of the EU. Notable political and business figures who attended the event included Chekib Khelil, Algerian Minister for Energy and Mines, Paolo Scaroni, CEO of Eni SpA, Sameh Fahmy, the Egyptian Minister of Petroleum and Mohamed Meziane, President of Sonatrach.

Munib R Masri was one of the key note speakers at the event where the topics under discussion included Energy, Infrastructure and support of Small and Medium sized business in the region. These topics, together with the objective of achieving the planned free trade area, are key to the development of the euro-med economy

The principal aim of the forum is the gradual integration of the Euro-Mediterranean area and the event is organised for informal and open dialogue. It is also intended to promote and support extensive projects and initiatives, with the help of the world of finance and business.