The Parliamentary Assembly of the Mediterranean (PAM) and the Parliamentary Assembly of the Black Sea Economic Cooperation (PABSEC) have signed a Memorandum of Understanding to foster cooperation between the two parliamentary institutions. PAM Secretary General, Amb. Sergio Piazzi and PABSEC Secretary General, H.E. Asaf Hajiyev, signed the Memorandum at the PAM HQ in Malta, on 9 November 2015.
The Agreement arises out of the strategic importance of the Mediterranean and Black Sea Regions as geopolitical areas for stability, security, democracy, harmonious economic, cultural and social development, as well as the peaceful cohabitation of their peoples, given their centrality to the African, Asian and European continents, forming the circumference of their shores.
PAM and PABSEC have long established relations. The MoU will further enhance the cooperation at regional level between the Black Sea and the Mediterranean, and also at the international level, where issues of common interest require closer cooperation to promote shared values and projects for the development of the respective populations.
The Agreement provides for structured cooperation; exchange of information and consultation, and mutual advice on strategic issues. A number of joint activities will now be implemented by the two Assemblies on several topics, such as Migration, Human Rights and the fight against Corruption.