§03§ §16§Bilateral and multilateral trade agreements have been gaining attention and relevance in recent years. For the countries around the Mediterranean basin the most important regional trade agreements involved are the Euro-Med Agreements, which influence their trade flows as they aim to promote regional integration. Based on the theory of applied welfare economics, this study analyses empirically the impacts of different policy scenarios on the agricultural sector of Mediterranean countries by using an extended and modified version of the trade policy model AGRISIM. The results show that trade liberalisation, either multilateral or bilateral, would be beneficial for the Mediterranean agricultural markets due to positive welfare effects and should be considered by policy makers. §02§The Author: Aikaterini Kavallari was born in 1979 in Thessaloniki (Greece) and studied Agricultural Economics at the Aristotle University of Thessaloniki. After her graduation she worked as research assistant at the Institute of Agricultural Policy and Market Research of the Justus-Liebig-University Gießen (Germany). Currently she works as post doc researcher on trade policy issues at the Institute for Prospective Technological Studies of the Joint Research Centre, European Commission.
