The Malta Chamber of Commerce, Enterprise and Industry and the China Council for the Promotion of International Trade signed a Memorandum of Understanding on Thursday, aimed to further recognise and establish friendly and cooperative relations, as well as support trade and investment promotion between Malta and China.
The signing took place at the China - Malta Economic and Trade Forum, which featured the participation of the Embassy of the People’s Republic of China, the Maltese Chinese Chamber of Commerce, The Chinese Commercial Community in Malta, and the China Council for the Promotion of International Trade.
Addressing those present, Malta Chamber President Frank V. Farrugia said that the occasion offered a first-hand opportunity to discuss Malta and China's relationship concretely. He said that the two nations could synergise and further strengthen their commercial relations.
Referring directly to the Trade Forum, Mr Farrugia noted that its purpose was to facilitate bilateral trade between Malta and China by creating the right environment for business matchmaking and attracting investment to Malta while offering trade facilitation services to Maltese Companies doing business in China.
“It will also provide interested entrepreneurs with appropriate information about trade, commercial, intellectual property rights and legal matters that can enhance the potential of doing business in our respective countries” Mr Farrugia said.