The Deauville Partnership with Arab Countries in Transition was established at the G8 summit in Deauville in 2011. The purpose of the partnership is to assist the governments of the six Deauville Partnership focus countries to improve the business environment in order to foster economic development and job creation in the private sector. The Arab Countries in Transition are Tunisia, Morocco, Libya, Egypt, Jordan and Yemen.
The Partnership’s vision is to promote Open Economies and Inclusive Growth. Economic and political reforms promote open inclusive economies, further encouraging economic growth and job creation for all in society.
The partnership promotes an increased role for the private sector which is key to long lasting growth and provides greater opportunities for marginalised groups such as youth and women. The partnership is focused on 8 priority areas which will help build open economies and inclusive growth:
- Women’s Economic Participation
- Capital Market Access
- Small and Medium Enterprises (SME’s)
- Asset Recovery
- European Bank of reconstruction and Development (EBRD) Expansion
- Transition Fund
One of the initiatives launched through the Deauville Partnership is Forsa a Small and Medium-sized Enterprise (SME) mentoring scheme. The Forsa team is a consortium comprising of Upper Quartile, Adam Smith International and Mowgli Foundation.