Friday, March 29, 2024
spot_imgspot_img
HomeBilateral agreementsNew cooperation agreements Malta-Arab Emirates

New cooperation agreements Malta-Arab Emirates

Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation of the United Arab Emirates, met the Maltese Minister of Foreign and European Affairs, Evarist Bartolo, to examine together the prospects for further strengthening of cooperation between the two countries in various fields.

The occasion was a recent trip to the Emirates by Minister Bartolo, during which he was received by the highest diplomat at the headquarters of the local Ministry and discussed with him a number of issues of international and regional interest.

The two sides delved into the latest developments in the global battle against the Covid-19 emergency and the contributions of the two countries to international efforts to ensure delivery of the vaccine to all countries, along with intensive work to stem the fallout of the pandemic in the economy.

Sheikh Abdullah stressed the privileged bonds of friendship between the UAE and Malta and their willingness to consolidate them in the best interest of their peoples.

Prior to the meeting, Sheikh Abdullah exchanged three memorandums of understanding with the Maltese minister: the first concerned cooperation in higher education and scientific research, the second the establishment of joint committees between the two nations, while the third involved both the Emirates Diplomatic Academy and the Mediterranean Academy of Diplomatic Studies at the University of Malta.

These agreements are the latest step in a bilateral relationship between Malta and the Emirates which has a history of 44 years, and which in the last period has been directed, on the Maltese side, towards strong support for the business community, accompanied on several occasions at the most important fairs organized in Dubai in order to promote their activities beyond the borders.

It is not by chance that there are many Maltese companies which have exported their products to Dubai in recent years, as well as Maltese companies which currently operate with branches in Dubai, where today there are over 600 Maltese resident. Facilitating all this is also a daily semi-direct air link between the two countries.

On the other hand, Malta has benefited from a series of investments on the part of the United Arab Emirates: in particular as regards the Smart City residential project, the telecommunications and hotel holding sectors.

Malta’s strong presence in the Middle Eastern chessboard and the commercial opportunities which this new opening sanctioned by the Governments will bring to Maltese companies will also represent a benefit for foreign companies which will decide to establish their headquarters or a branch in Malta, also in view of the Dubai Expo 2021-2022, where Malta intends to play a leading role.

To find out about the opportunities arising from the Maltese presence in the Middle East and the start-up of a business project in Malta, contact the Malta Business Agency team by filling in the following form.

DISCLAIMER

This article provides general information only and does not replace professional advice in any way. It is recommended to consult a qualified professional before making any important decisions regarding financial, legal or other matters. The author and the publication are not responsible for any errors or damages caused by the use of the information contained in this article.

Giovanni Guarise
Giovanni Guarise
Professional journalist since 2010, over the years as a freelance he has dedicated particular attention to the world of Small and Medium Enterprises, creating in-depth studies and focuses for various newspapers, and collaborating in communication activities for a trade association in Veneto.

1 COMMENT

Comments are closed.

We are memberspot_img
spot_img

Related articles

Malta and Ghana renew their relationship after 50 years

Ghana and Malta strengthen cooperation on trade, education, and investment, marking a historic moment on the 50th anniversary of their diplomatic ties.

The collaboration between Malta and Catalonia takes shape

It explores the evolution of collaboration between Malta and the Region of Catalonia on innovation, technology, and trade, with the aim of strengthening future ties and partnerships.

Japan opens an embassy in Malta to strengthen diplomatic relations between the two countries

Malta and Japan even closer, to consolidate trade agreements in the technological, scientific and cultural fields.

Funding focus
Discover the news in the dedicated section