Malta Chamber of SMEs participates during SMILES final conference
17 September 2021
The final conference gives important recommendations for the future of EU Semester from SMEs’ perspective...
GRTU President Paul Abela has this week welcomed Malta’s Envoy to Pakistan, Iran, Bangladesh, UAE and Sri Lanka, Ahmad Aziz, at GRTU offices. Abela and Aziz discussed the need to seek common ground to open up the potential of trade between Malta and these countries. The make-up of our economy being majorly focused on small businesses allows companies to perhaps sharpen their outreach to possible trade. On the other hand, whilst acknowledging that various factors, such as distance, makes such trade less popular than closer countries with larger commonalities.
Nevertheless Abela explained how it is essential to identify niche business sectors which can offer reason for such trade routes to be established as this would allow growth and investment in markets which are not overly saturated already with existing trade with Malta or even so, European countries. Abela expressed GRTU’s support in finding such trade avenues yet emphasized the importance of high-value fruitful investment. Ahmad Aziz agreed to seek potential investors in sector-specific areas across Pakistan and other Asian countries in order to discuss with Maltese counterparts on promising areas of business cooperation.
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