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Union for the Mediterranean – UfMUnion for the Mediterranean – UfMUnion for the Mediterranean – UfMUnion for the Mediterranean – UfM     Mediterranean Day
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      The Union for the Mediterranean is an intergovernmental institution bringing together the European Union Member States and 16 countries from the Southern and Eastern shores of the Mediterranean to promote dialogue and cooperation.

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The UfM Secretariat launches the Euro-Mediterranean Guarantee Network (EMGN)

The Secretariat of the Union for the Mediterranean witnessed the signing of a memorandum of understanding among credit guarantee agencies from: Morocco, Tunisia, Egypt, Jordan Palestine and Lebanon, launching the Euro Mediterranean Guarantee System Network. This MoU is the first step towards the crystallization of an upcoming project entitled Euro-Mediterranean Guarantee Network (EMGN).

The objective of the EMGN project will be to facilitate training, exchange of best practices to improve the institutional environment, as well as research and studies on the feasibility to foster Counter-Guarantee Funds to support MSMEs in the Mediterranean Partner Countries. To promote research and analytical tools to create guarantee instruments in particular those which are dedicated to micro and small and medium sized enterprises, and which fall under the interest of the parties.

The Memorandum of Understanding was signed among high level representatives from various Mediterranean countries and under the auspices of the Secretariat of the Union for the Mediterranean.

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  • Who we are
    • Member States
    • Meet the team
    • Partners
    • History
  • What we do
    • Economic Development and Employment
    • Higher Education & Research
    • Social & Civil Affairs
    • Water, Environment and Blue Economy
    • Transport & Urban Development
    • Energy & Climate Action
  • How we work
    • Political Framework
    • Regional Dialogue Platforms
    • Projects and Initiatives
  • Work with us
    • Vacancies
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    • Roster of experts
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