List News    News

Hoisting Tunisian-Maltese relations to higher levels

Published the:  07/11/2017

| Share

(TAP) – "Tunisian-Maltese political and economic relations are about fifty years old and our objective for the next few years is to raise them to higher levels," said President of Malta Marie-Louise Caleira Preca.

Speaking on Tuesday at the opening of the Tunisian-Maltese business forum, Caleira Preca said that "Tunisia, which today represents a model of a democratic country, could constitute a destination of choice for investors and an economic example to follow in the region ".

She also stressed that the Tunisian-Maltese Economic Forum will not fail to open new business opportunities for businessmen, calling to take advantage of the potentialities that exist in both countries, in order to meet the aspirations of the two peoples.

"We are going to create a joint commission to materialise our determination to strengthen economic cooperation and to encourage the implementation of bilateral projects," she said.

During his speech, The President of the Government Youssef Chahed emphasised Tunisia's will to put the foundations of solid and lasting relations with Malta in order to open up new prospects. "Our top priority is to expand and diversify partnership between the two friendly countries," said Chahed.

He reminded that 13 Maltese companies are installed in Tunisia. These companies representing investments of 54 million dinars have created 1,500 jobs, he added.

Referring to the national economic situation, Chahed recalled that the National Union Government has established the guarantees, means and legislative framework that allowed Tunisia to reposition itself on the international map of investment, explaining this achievement by the success of the reforms adopted in the economic and social fields.

These reforms, specified Chahed, were based on a participatory approach, in accordance with the guidelines of the five-year plan (2016/2020).

The President of the Government also said that forecasts for 2018 expect a growth rate of around 3%, based on a good agricultural season, the resumption of phosphate production and the dynamics of the sector of tourism and the evolution of investment.

"The Improvement of investment indicators is a positive result of the incentives provided under the new investment law that offers the opportunity to invest for both Tunisian and foreign business leaders", said Chahed, adding that "Tunisia is counting on all its strategic partners, especially European and Maltese, to achieve the goals set."

President of the Tunisian Confederation of Industry, Trade and Handicrafts (UTICA) Wided Bouchamaoui called on Tunisian and Maltese business leaders to intensify visits, exchange economic information and explore business opportunities with a view to raising economic cooperation in the region on the level of bilateral political relations.

The volume of Tunisian exports to Malta reached, in 2017, nearly 112 million dinars (MD) and imports amounted to 124 MD. Trade between the two countries concerned agri-food products, ceramics, plastics, footwear and ready-to-wear.