The Nationalist Party said today it was in favour all reasonable initiatives aimed at attracting foreign investment to Malta.

Referring to the memorandum of understanding signed between Malta and China yesterday, the PN hoped the agreement would bear the desired fruit.

It noted that this did not, unfortunately, happen when a similar agreement was signed with Libya for preferential oil and gas prices.

The PN hoped there would be another occasion for an open and transparent discussion on initiatives being taken in favour of the creation of foreign investment from China and strengthening relations between the two countries.

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