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Commonwealth Greater Birmingham


Commonwealth Chamber of Commerce Contact: Jamila Davis T: 0845 6036650


Campaign launched to promote Malta


By Philip Parkin


Malta’s economic development agency has launched a campaign to attract British companies who want to do business with Africa and the Middle East. The agency – Malta Enterprise - believes the


Mediterranean country could be a springboard for these two regions, because of the links that already exist between them. As part of the campaign, a new £470m


programme has been launched in Malta, to boost


its industrial infrastructure and help attract businesses from the UK. Malta Enterprise says its strategy would help


UK companies maintain their relationship with the European Union, by basing themselves there post-Brexit. The agency said: “Malta has formidable ties


with the UK, which will continue post-Brexit. Along the years, Malta has also developed its relations with various Commonwealth partners with a specific focus on trade and commercial aspects. “Malta has proved to be an ideal location for a


wide range of enterprises, because of its use of the English language and its economic benefits in terms of being pro-business. “Malta serves as an efficient and effective


springboard for trading with Africa and the Middle East.”


Malta Enterprise CEO Kurt Farrugia said: “Our


relationship with the UK and the wider Commonwealth partners will always be one of mutual respect and collaboration - this will most definitely transcend Brexit. “There is interest by UK businesses to set up


operations in the EU, and Malta is a good option for such an approach. “A number of UK companies, notably those in


the aviation and digital games sectors, have shown interest in opening an operation in Malta. We are positioning ourselves as being open and forthcoming towards such businesses.” Despite being thought of by many as


principally a tourist destination, the Maltese economy is surprisingly varied. It includes a number of thriving sectors, such


as advanced manufacturing, information technology, pharmaceuticals, biotechnology, digital media and games, aviation and financial services. Malta has a long tradition of relations with the


Middle East and North Africa region, and various companies have consolidated export routes in the region along the years, including also to the Gulf countries. Products and services exported range from manufacturing, electronic components, food, logistics, oil and gas, and aviation. The Maltese trading environment has been boosted by the presence of a freeport, which handles some 3.8 million shipping containers each year.


Kurt Farrugia: Malta is open for business In addition, companies trading from a Maltese


base may also be able to call on the services of Trade Malta, a government agency facilitating export links. Malta Enterprise is Malta’s economic


development agency, entrusted with helping businesses set-up and operate in Malta. Malta Enterprise supports businesses through


various support measures and incentives and says that various fiscal and financial incentives that are available makes Malta an ideal business co-location. Malta will become even more attractive to


business once the £470m eight year plan to overhaul its industrial infrastructure kicks in. This will include the construction of new


industrial estates, and improvements to existing industrial facilities.


Leading the way in fighting climate change By Jessica Brookes


Scaling up clean energy in Commonwealth countries will lead to much needed business growth in Greater Birmingham, while tackling the global, critical issue of climate change. That’s the view of Michaela Kendall, from Adelan, one of several new


Commonweath Chamber council members. She says that in a post-Covid world, climate change is one of the most


pressing global issues, but Birmingham can lead the way in helping businesses significantly reduce carbon emissions. She said: “Climate change is one of the most pressing global problems, and Covid has not lessened the importance of tackling climate change.


“Birmingham has world-leading clean energy technology businesses that


can help customers reduce carbon emissions, especially in the accelerating fuel cell and hydrogen sector. Scaling up clean energy deployment in commonwealth countries will lead to much needed business growth in the region, while tackling this critical global issue.” For Keith Stokes-Smith, former Commonwealth Chamber president, says


it is crucial that borders are kept open as much as possible as the world battles the virus. He said: “We do not know how long the pandemic will impact upon us.


Borders should be kept open to the largest extent possible to secure access to vital supplies while implementing effective containment measures. Institutions need to share data and co-ordinate trade policy. Supply chains should be maintained. Countries might like to think about streamlining trade procedures or even reducing duties on trade as well as putting in place measures to negate any impact on the poorest. “Trade is essential to Commonwealth countries to save lives and


livelihoods; it is the driver of growth, poverty reduction and employment. Trade is the salvation of many nations and long may it continue.” Keith’s view is that shared by Janie Frampton, of Sports Officials


Keith Stokes-Smith: trade is ‘the salvation of many nations’


Michaela Kendall: clean energy should be focus


Consultancy, who also sits on the Commonwealth Chamber’s council. She said: “Trading with commonwealth countries will enable us to support and grow collectively while providing the best possible service to our wider network. Trade and industry will be on a global all time low, to ensure we maintain strength with in the Commonwealth we must ensure we collectively achieve a high level of the market share of the business opportunities available.”


December 2020/January 2021 CHAMBERLINK 43 Commonwealth Chamber Patron


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