Business mission from the Czech Republic to Malta

14th July 2008 – A business mission from the Czech Republic is in Malta as part of activities being held to mark the 40th anniversary of the establishment of diplomatic relations between the two countries.

FinanceMalta hosted the members of the Czech delegation coming from the financial and investment sectors as well as the Maltese financial services operators, to a separate meeting at its premises in Valletta when FinanceMalta chairman Joseph Zammit Tabona spoke about the financial services sector in Malta.

He said FinanceMalta had the aim of assisting the government reach its target of having the financial services sector contribute 25 per cent of GDP by 2015.

David Cervinka, managing director at PKF Prague gave a brief presentation on “Doing Business in the Czech Financial Sector”, while Michael Xuereb, director at the Malta Financial Services Authority addressed the framework for financial services in Malta. Tonio Casapinta, Honorary Consul for the Czech Republic in Malta concluded the session.

The business mission is headed by Milan Hovorka, Deputy Minister of Economy and Trade of the Czech Republic. The aim of the afternoon session was to revive business contacts and renew commercial relationship with Maltese organisations and businesses in the financial services sector.

FinanceMalta is considering holding a number of roadshows in Scandinavia, Italy and Slovakia among others, with the aim of putting Malta in the limelight and attracting further financial services business to Malta. For further information about FinanceMalta and future events, access www.financemalta.org.

As published on the Malta Independent

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