TradeMalta signs cooperation agreement in Moscow

Nov 15, 2016

TradeMalta this afternoon signed a cooperation agreement with The Roscongress Foundation.

Signed by Trade Malta CEO Anton Buttigieg and Alexander Stuglev Chief Executive of The Roscongress Foundation, this agreement taps on the importance of broadening and strengthening business relations between the Russian Federation and Malta including long-term partnership links between business communities.

This agreement followed a well-attended Business Forum earlier today at the Moscow Business Centre organised jointly by TradeMalta, The Malta Chamber of Commerce and Industry and The Chamber of Commerce and Industry of the Russian Federation as part of a business delegation in Moscow.

The delegation is led by the Hon Prime Minister Dr Joseph Muscat, who is accompanied by Deputy Prime Minister Hon Louis Grech and the Minister of Foreign Affairs Hon Dr George Vella.

Eleven Malta-based companies and two national institutions are forming part of this business delegation. This trade mission attracted companies from several sectors of the Maltese economy including tourism, education, renewable energy, financial services, ICT and construction.

The business forum at the Moscow World Trade Centre was attended by around 100 delegates.

Addressing the Business Forum Anton Borg, President of the Malta Chamber of Commerce described TradeMalta Ltd as a successful PPP story.

“Trade Malta is achieving great results. With a pro-business government, we have developed a miracle, with an economy growing every year,” said Borg.

The forum was followed by one-on-one, business-to-business meetings during which Maltese business delegates had the opportunity to discuss business opportunities with their Russian counterparts.

The scope of this Trade Mission is to strengthen trade relationships between Malta and Russia and aimed at assisting locally based business in their internationalisation drive.

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