The Memorandum of Understanding (MOU) on a 5 year Medium-Term
Cooperation Plan signed by the Chinese and the Maltese Government
in Beijing last July, is a blueprint for a multifaceted, future
cooperation between the two countries. It augurs to provide a
platform for the generation of many opportunities for business
development for the Chinese in Malta as well as the Maltese in
China.
China and Malta have enjoyed a long-standing friendship ever
since the establishment of diplomatic relations, dating back to
1972, with Malta being one of the very first European countries, if
not the first, to establish relations with China. Over the years,
bilateral economic and trade relations between China and Malta have
been developing steadily. Last December, the China-Malta Trade and
Economic Joint Committee was revived and the 9th Session of this
Committee was held in Beijing for further developing China-Malta
economic and trade relations.