President Marie-Louise Coleiro Preca encouraged Maltese-Canadian business people to consider travelling to Malta as an organised group for trade promotion purposes.
The President was addressing a well-attended meeting of Maltese emigrants who run successful businesses in Toronto, Canada. The meeting was part of her ongoing visit to the Maltese diaspora in Canada and the USA.
Minister for Foreign Affairs and Trade Promotion Carmelo Abela said government would be more than willing to offer its full support to a delegation of Maltese-Canadian entrepreneurs visiting Malta to explore potential business opportunities.
He said that Malta is committed to exploring new ways of bolstering its trade relations with Canada, on both a bilateral and multilateral level. Multilateral cooperation should continue to be nurtured, for instance through the Commonwealth, of which both countries are member states.
Furthermore, he said that the signing of the Comprehensive Economic and Trade Agreement (CETA) between Canada and the European Union has further opened doors for bilateral trade between Malta and Canada – Malta was in fact the third EU member state to ratify this agreement in July 2017.
This reflects the will of the Maltese government to work more closely with Canada for better market access and investment flows. He went on to say that facilitated and increased access along with investment will offer consumers on both sides a wider choice of products and more employment opportunities.
“I am pleased to report that there has never been a better time to consider Malta as a partner for cooperation in terms of its economic stability and commercial strength,” Mr Abela said.