The present MoU has been established in the context of the initiatives undertaken by the Association of Organisations of Mediterranean Businesswomen (AFAEMME) and ASCAME (the parties hereinafter).

Through the ASCAME Commission of Women Entrepreneurs, both entities will work together to promote the socio-economic relations in the Mediterranean; provide support to female entrepreneurs and women in business, and facilitate the access of women to decision-making positions in the economy. In this sense, the parties will cooperate to contribute to the creation of a networking platform for businesswomen and women entrepreneurs from all over the Mediterranean and a Euro-Mediterranean lobby organisation.