Sharon Pardo

Transnational economic integration has long been one of the preferred ways in which powerful global players signal their political and economic strength to potential trade partners. A main goal of the European Union in becoming an influential political and economic elite is expanding its transnational relations. The Mediterranean region receives special attention in this process. A series of free trade agreements have been signed between the EU and Mediterranean countries. The political and socio-economic instability of the region required creativity both in the design of these bilateral agreements and in their judicial interpretation, which involved defining the recognized economic borders of signatory states. This activity raises subtle questions regarding the contractual obligations of the parties, the credibility of the agreements, and the likelihood of successful future agreements.