Maltese President paid a visit to Kyiv

Maltese President paid a visit to Kyiv

Reference Number:  , Press Release Issue Date: Jul 11, 2008

On July 9th 2008 H.E. Dr. Edward Fenech-Adami, President of Malta visited Kyiv, Ukraine with an official visit. Maltese President met his Ukrainian counterpart and other senior governmental officials to discuss prospects for the enhancement of the bilateral relations in political and commercial areas, including trade, investment and tourism.

The two sides signed two intergovernmental agreements, namely one on cooperation in the tourism sector and one on law enforcement. Additionally, the Presidents discussed the details of the pending bilateral agreement on double taxation. President of Malta extended an invitation to the President of Ukraine to come with the visit to Valletta.

The Maltese President was accompanied by the business delegation spearheaded by the chairman of the Malta Enterprise. The business mission explored investment opportunities and looked for cooperation with the Ukrainian companies. In this respect, the Ukrainian Chamber of Commerce and Industry hosted a Maltese-Ukrainian Business Forum. The program of the forum envisioned face-to-face meetings between the Maltese and Ukrainian companies followed by a plenary session where representatives from both Maltese and Ukrainian sides delivered presentations on doing business with Malta and Ukraine. Presidents of Malta and Ukraine addressed the participants of the forum as well.

Also, European Business Association hosted a networking reception on the occasion of the visit of the Maltese business mission, which was attended by the business circles of Kyiv and top officials from Malta.

Today the Maltese business delegation will pay a visit to the Kyiv City State Administration, where it will meet with the Vice Mayor as well as with the relevant departments in charge of foreign direct investment and international economic cooperation. Later on, President of the American Chamber of Commerce will brief the business delegation on the challenges of doing business in Ukraine.

Malta is strategically located in the centre of the Mediterranean Sea, between Sicily and North Africa, is an ideal hub for business transactions in the region. In 1990 Malta applied for the full membership in the European Union and embarked on an extensive economic and restructuring program joining the Union in 2004.

Malta is a member of NATO’s Partnership for Peace program having reactivated its membership status at the Summit in Bucharest on April 3, 2008, after 12 years of keeping its security intact.