What did the Malta Chamber of SMEs bring through for business in this year’s budget?
18 October 2021
The Malta Chamber of SMEs has noted a number of positive initiatives that will aim...
Admitting a new member requires the
unanimous approval of all member states and the EU must assess its capacity to
absorb the new entrant/s. Turkey applied to join the EU in 1987. Given Turkey's
geographical location and political history, the EU hesitated for a long time
before accepting its application. Some EU countries have expressed doubts as to
whether Turkey will or should be allowed to join and propose instead a
‘privileged partnership' but Turkey rejects this idea.
can the EU become?
The western Balkan countries are also
turning to the EU to speed up their economic reconstruction and consolidate
their democratic institutions. Potential candidates are the former Yugoslav
Republic of Macedonia, Albania, Bosnia and Herzegovina, Montenegro and Serbia,
Iceland and Kosovo. Despite fulfilling the EU accession conditions,
Liechtenstein, Norway and Switzerland are not members of the EU because public
opinion in those countries is currently against joining.
By the end of this decade, EU
membership could grow from 27 to 35 countries. This however might also require
changes in the way the EU works. During the negotiation period candidate
countries normally receive EU ‘accession partnership' aid to help them catch up
Public opinion among EU countries is
more or less divided over the question of the EU's final frontiers. If
geographical criteria alone were applied, taking no account of democratic
values, the EU could end up with 47 member states including Russia. Russia's
membership however would clearly create unacceptable imbalances in the EU, both
politically and geographically.
1. Lisbon Treaty: Any European state may apply to become a member of the
European Union provided it respects the principles of liberty, democracy,
respect for human rights, fundamental freedoms, and the rule of law.
criteria: Lays down 3 criteria they should fulfil so as to become members:
frontiers and Neighbourhood policy
Stability and security are an issue
in the neighbouring regions that border with the EU members regions Action for
example was needed to tackle emerging threats to security such as illegal
immigration, the disruption of energy supplies, cross-border crime and
terrorism. So the EU developed a new European Neighbourhood policy (ENP),
governing relations with its neighbours to the east and to the south.
Almost all these countries have
bilateral ‘partnership and cooperation' agreements or association agreements
with the EU, under which they are committed to common values. On its part the
EU offers financial, technical and economic assistance, easier access to visas,
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).