The Malta Chamber of Commerce, Enterprise and Industry has signed a Memorandum of Understanding with The Middle East Association of London. The aim of the agreement is to facilitate the collaboration between Maltese and British companies to partner in doing business in the Middle East and North African region.

Mr Peter Meyer, CEO of the Association, held meetings with both the Board of Management of the Malta Chamber and The Libya Action Committee. He also addressed the launch of the North Africa Business Council.

By means of the MoU, the Malta Chamber and the Middle East Association of London agree to explore economic opportunities for their members and encourage the development of new economic activities and the setting up of joint ventures between private business entities in Malta and the UK. Both parties have also agreed to endeavour to develop business opportunities in third countries..

This MOU is envisaged to enhance further bi-lateral trade between Malta and the UK.

The Malta Chamber and The Middle East Association of London shall assist each other in the organisation of promotional events, including participation in trade exhibitions, fairs and symposia. This includes the exchange of trade delegations and missions of either individual business representatives or groups.

During his stay in Malta Mr Meyers also met HE. Mr Rob Luke, British High Commissioner and officials from the CHOGM Task Force.