The Cross Border Cooperation (CBC) is one of the European Union’s (EU) financial instruments aiming to help the neighbouring countries develop better connections and relations between them, and respond to common challenges. Israel is part of the CBC Mediterranean Sea Basin project (CBC Med, now called NEXT MED), along with its immediate neighbours. Southern Mediterranean suffers from low south-south interconnectivity, and CBC Med aims to enhance such cooperation. This paper shows how the CBC Med program has been underutilized by Israel and recommends taking full advantage of the potential opportunities in the new NEXT MED, 2021-2027.
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