The Ghana Investment Promotion Centre (GIPC) and its counterpart agency in Malta, the Malta Enterprise have signed a Memorandum of Understanding which should culminate in the creation of a three year strategy covering areas of mutual interest.
The agreement will also see the establishment of a strategic think tank comprising officers from the two institutions.
Under the MoU, the GIPC and Malta Enterprise will collaborate in setting up information sharing mechanisms by regularly exchanging information on economic and trade updates, laws and regulations, policy measures as well as industrial standards and trends.
“Under the MoU, GIPC and Malta Enterprise will collaborate in setting up information sharing mechanisms by regularly exchanging information on economic and trade updates, laws and regulations, policy measures, industrial standards and trends, market analysis reports, exhibitions and forums, trade leads as well as investment projects in Ghana and Malta,” portions of a statement by GIPC said.
The statement added that the agreement was triggered when the leadership of the two institutions met in Malta on June 24, 2019.
The signing of the MoU also follows the recent State Visit to Malta on 26th March 2019 by His Excellency Nana Addo Dankwa Akufo-Addo, where he held bilateral talks with his Maltese counterpart at the time, Her Excellency Marie-Louise Coleiro Preca.
During his visit, President Akufo-Addo urged Maltese companies to take advantage of the new impetus given to Ghana-Malta relations by the reciprocal visits and invest in Ghana.
This clarion call saw a high-level Maltese business delegation visit the country from 23rd to 27th June 2019, to explore business and investment opportunities in Ghana.
The delegation included the Coordinator of Business Development of Malta Enterprise, Mr Cain Grech; the Chief Executive Officer of Trade Malta, Mr Anton Buttigieg; the Maltese Ambassador to African Union, Mr Ronald Micallef; the Director, Scientific and Regulatory Operations of the Medicines Authority of Malta, Mr Annalise Attard; and the Head of Transport Operations of Transport Malta, Mr Mark Caruana Arena. The delegation was led by the Maltese High Commissioner to Ghana, Mr Jean Claude Galea Mallia.