ONE YEAR FROM THE CONCEPTUALIZATION OF THE REGIONAL ECONOMIC AREA TO ITS IMPLEMENTATION

Baisa Sefa – October 2018
Regional Economic Area (REA) was launched during the Trieste Summit in 2017, in the frame of the Berlin process (BP). Since the beginning, it proved to be the most dynamic regional initiative, bringing together 6 key
EU member states and 6 candidate and potential candidate countries from the Western Balkans (WB6)1, by offering a new iimpulse to the EU enlargement perspective of the whole region. Five high-level diplomatic summits organized under the BP turned out to be an effective mechanism to keep the rhythm of WB6 enlargement path, ensuring tangible outcomes which support WB6 to comply with EU standards.