Malta and Poland are working on a new double taxation agreement to replace the one that has been in force since 1994.
Addressing a joint press conference with Minister of Foreign Affairs of Poland Jacek Czaputowicz, Minister Carmelo Abela said that the new agreement will certainly prove beneficial to business communities in both countries and help enhance bilateral commercial ties.
The two Ministers expressed their confidence that the excellent ties that already exist between the two countries will be further strengthened through the intensification of contacts on a number of levels. The Polish President will be paying another official visit to Malta next year.
In their official meeting, the Ministers focused on a wide range of issues of bilateral interest and on future courses of action in a bid to broaden and strengthen bilateral cooperation. Minister Abela mentioned the increase in the number of both Polish and Maltese tourists. It is estimated that Polish visitors to Malta will reach the 100,000 mark by the end of 2018.
Both parties agreed that, apart from tourism, there is the potential for Malta and Poland to strenghten cooperation in trade and investment, the ICT sector, construction, the finance and banking sector, as well as energy. Views were also exchanged on the two countries’ shared interest in Africa.