PALERMO (Italy) – Coverage of deep and legitimate aspirations of in the Southern Mediterranean countries contributes to stability in the region and, ultimately, to energy security of Europe, Minister of Energy and Mines Youcef Yousfi said Friday in Palermo (Italy). “In fact, (with) the presence of rich and diverse raw materials, quality infrastructures, the establishment of industries which provide jobs for youth (the countries of the southern shore) is possible and is today absolutely necessary,” Yousfi said during the study days on the Euro-Mediterranean partnership devoted to the theme of energy. It is important for these countries that Europe “fully influences this process of industrialization and economic diversification.” “Minus oil European investments, mainly in Algeria, remain very limited. In long-term vision, partnership may be developed between beyond the oil sectorAlgeria and Europe, “Yousfi said.
Coverage of South countries social needs helps energy security in Europe
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