Business councils to be set up with Lebanon, Jordan
Business councils are to be set up with Lebanon and Jordan with which Malta has just signed double taxation agreements, following Foreign Minister Tonio Borg's Middle East tour earlier this month. A Jordanian business delegation is expected to visit...
Business councils are to be set up with Lebanon and Jordan with which Malta has just signed double taxation agreements, following Foreign Minister Tonio Borg's Middle East tour earlier this month. A Jordanian business delegation is expected to visit Malta in the summer.
Dr Borg, who also visited Syria, has made it a point to promote Malta's business attractiveness on his overseas visits while strengthening bilateral relations. During his whistlestop tour of the three countries, Dr Borg held talks with Syrian President Bashid al Assad and Foreign Minister Walid Mouallem, Lebanese President Michel Suleiman, Prime Minister Fouad Siniora and Foreign Affairs Minister Fawzi Salloukh.
In Jordan, he held meetings with Foreign Minister Naser Jodeh. Discussions focused on peace, stability and security in the Mediterranean, the Union of the Mediterranean, and dialogue between Europe and the Arab League.
In Syria, Dr Borg and his counterpart Walid Almoallem agreed to enhance bilateral cooperation on issues such as peace and security in the Mediterranean.
In Lebanon, he signed a Memorandum of Understanding underlying the need to enhance dialogue and cooperation, which will ultimately lead to increase security and stability in the Mediterranean.
Diplomatic relations with Syria date back to 1970. An 1980s agreement governs cooperation on tourism and air transport.
Exports to Lebanon, which include cereals and flour, medical and photographic equipment, increased in the past two years to reach €660,000. Imports have increased since 2004 to top €1 million in 2007. In 2008, imports, mostly sugar, sugar confectionary and paper, fell to €610,000.
Trade with Jordan, with which relations were established in mid-1974, has flourished over the past five years. Imports between 2004 and 2005 increased from €450,000 to €850,000. Exports - mostly food, cereals and flour - remained level over the past two years, reaching €750,000 last year.
Dr Borg, who also visited Syria, has made it a point to promote Malta's business attractiveness on his overseas visits while strengthening bilateral relations. During his whistlestop tour of the three countries, Dr Borg held talks with Syrian President Bashid al Assad and Foreign Minister Walid Mouallem, Lebanese President Michel Suleiman, Prime Minister Fouad Siniora and Foreign Affairs Minister Fawzi Salloukh.
In Jordan, he held meetings with Foreign Minister Naser Jodeh. Discussions focused on peace, stability and security in the Mediterranean, the Union of the Mediterranean, and dialogue between Europe and the Arab League.
In Syria, Dr Borg and his counterpart Walid Almoallem agreed to enhance bilateral cooperation on issues such as peace and security in the Mediterranean.
In Lebanon, he signed a Memorandum of Understanding underlying the need to enhance dialogue and cooperation, which will ultimately lead to increase security and stability in the Mediterranean.
Diplomatic relations with Syria date back to 1970. An 1980s agreement governs cooperation on tourism and air transport.
Exports to Lebanon, which include cereals and flour, medical and photographic equipment, increased in the past two years to reach €660,000. Imports have increased since 2004 to top €1 million in 2007. In 2008, imports, mostly sugar, sugar confectionary and paper, fell to €610,000.
Trade with Jordan, with which relations were established in mid-1974, has flourished over the past five years. Imports between 2004 and 2005 increased from €450,000 to €850,000. Exports - mostly food, cereals and flour - remained level over the past two years, reaching €750,000 last year.