Boosting of trade between Czechia & Malta
The president of The Malta Chamber, Mr Chris Vassallo Cesario (left) with Mr Petr Havlik, the Minister Counsellor responsible for Economic, Commercial and Scientific Affairs at the Embassy of Czechia to Malta.
The opportunities to boost trade between the Czech Republic and Malta was the focus of a meeting held between the President of The Malta Chamber, Mr Christopher Vassallo Cesario, the Minister Counsellor responsible for Economic, Commercial and Scientific Affairs at the Embassy of Czechia to Malta, Mr Petr Havlik, and the Honorary Consul of the Czech Republic in Malta, Mr John de Giorgio.
The meeting, held at the premises of The Malta Chamber in Republic Street, Valletta on the 18th September 2024, is a bid to strengthen economic and bilateral trade between the countries and to explore new opportunities for collaboration between the two countries.
During the meeting, both parties emphasized the importance of enhancing bilateral trade relations, particularly in sectors such as the food & beverage sector, manufacturing, information technology, financial services and tourism.
Mr. Havlik underscored the potential for Maltese businesses to expand into the Central European market through partnerships with Czech companies as well as to expand their portfolio of products and services for the Maltese market through partnerships.
A firm interest already exists for Czech companies to foster stronger commercial ties with Malta, noting that Czech companies are keen to explore opportunities in Malta’s growing financial services, information technology, and specialised health equipment sectors.
The meeting concluded with a commitment to organize further discussions and events including a Doing Business with the Czech Republic seminar early in 2025 which aims to bring together business communities from both countries, facilitating networking and collaboration.
Both sides expressed optimism about the future of trade relations and pledged to continue working closely to unlock new economic opportunities for businesses in Malta and the Czech Republic.
Companies interested to learn more about the commercial opportunities for Czech and Maltese companies are recommended to contact the Honorary Consulate of the Czech Republic in Malta.
ABOUT THE MALTA CHAMBER
The Malta Chamber was established as a voluntary constituted body and officially recognised in 1848. It is the largest, longest-standing Chamber in Malta. It operates independently from government or the public sector, with voluntary membership.
Since inception, it has evolved with, and accompanied, the Maltese business community over the span of 176 years. Members of The Malta Chamber represent companies that account for 75% of the country’s industrial exports and 80% of employment in the private sector and covers the spectrum of the retail/commercial, services and manufacturing sectors.
LINKS OF INTEREST
CzechTrade is a trade-promotion organisation, founded by the Ministry of Industry and Trade of the Czech Republic. Its main objective is to promote the internationalisation of Czech companies by facilitating their cooperation links with foreign entrepreneurs.
Confederation of Industry in Czechia - a voluntary, non-political and non-governmental organisation that brings together employers and entrepreneurs in the Czech Republic. It is the largest alliance of employers and represents a predominant part of industry in the Czech Republic.