The European Union (EU):
The European Union (EU) is the voluntary association of European states, in the economic and political fields, to ensure the maintenance of peace in Europe and to promote economic and social progress.
The EU is a unique organization. It is neither a federation, nor a confederation of states, nor an international organization. It is nevertheless endowed with legal personality by the Treaty of Lisbon (art. 47 TEU), which allows it to conclude treaties or adhere to conventions. Finally, the EU has strong institutions, to which the Member States have transferred part of their competences.
The European Investment Bank (EIB):
The European Investment Bank or (EIB) is the financial institution of the Member States of the European Union. Its main purpose is to borrow on financial markets to finance projects within the European Union. The EIB also finances projects outside the European Union, particularly in Mediterranean partner countries, through its Euro-Mediterranean Investment and Partnership Fund (FEMIP).
The UEMF / EU / EIB partnership:
Since its creation, Euromed University of Fez has concluded numerous agreements and partnerships with prestigious institutions in Morocco and internationally.
Long-time allies, the European Union and the European Investment Bank (EIB) have supported the UEMF eco-campus construction project. It is particularly within the framework of the Neighborhood Investment Facility (NIF) mechanism that the two partners signed with the UEMF a financing agreement of more than 13 million euros, or more than 148 million dirhams, for support the construction and equipment of the University's eco-campus, which meets international standards and sustainable development requirements. This contribution firstly shows the commitment of stakeholders to promote a high-level research and teaching space in scientific and technical fields as well as in human and social sciences in the Euro-Mediterranean area.
However, in 2017, the Euromed University of Fez benefited from a new loan of 70 million euros from the EIB as well as a donation of 5 million euros from the EU aimed at to offer students training that complies with European standards, as well as diplomas officially recognized in Europe.
The latest financial support from the European Union amounted to 5.4 million dirhams for the acquisition of computer and laboratory equipment, with a view to enabling the university to ensure educational continuity for its students. scholarships and to manufacture medical protective equipment, in these times of Covid-19.