Press Release: SME Chamber welcomes reactivation of Bank moratorium possibility
18 January 2021
FURTHER EXTENSIONS WILL BE NECESSARY The Malta Chamber of SMEs greatly welcomes the extension granted...
GRTU welcomes the signature of the comprehensive free trade agreement between the EU and South Korea. This is a great day for the European commerce sector. The European Commission has positively responded to our requests. In the current economic environment, the EU-Korea deal is exactly the right sign against protectionism. Open markets will help return to growth and prosperity.
The agreement, delivered by the European Commission in only two years of trade negotiations, significantly improves the conditions for European retailers and wholesalers on the Korean market. The abolition of size restrictions will allow retailers to freely choose the format of their stores in Korea. Unlike today, they will also be able to offer an almost complete range of goods to Korean consumers. This will not only enhance their competitiveness on the highly challenging Asian market, but also act as a catalyst for European exports. Korea counts among the biggest trading partners of the European Union. The trade deal brings European retailers and wholesalers access to 50 million consumers and is the most ambitious trade agreement the EU has ever negotiated
The Malta Chamber of SMEs represents over 7,000 members from over 90 different sectors which in their majority are either small or medium sized companies, and such issues like the one we're experiencing right now, it's important to be united. Malta Chamber of SMEs offers a number of different services tailored to its members' individual requirements' and necessities. These range from general services offered to all members to more individual & bespoke services catered for specific requirements.
A membership with Malta Chamber of SMEs will guarantee that you are constantly updated and informed with different opportunities which will directly benefit your business and help you grow. It also entails you to a number of services which in their majority are free of charge and offered exclusively to its members (in their majority all free of charge).