subject: Express Delivery Experts Will Ensure That You Dont Get Cross When Arranging A Delivery To Malta [print this page] Having escaped largely unscathed from the financial turbulence which swept through the world from 2008 onwards, Malta is positioning itself as a trading centre within the European Union which can compete on the world stage. As it is highly dependent on imports, especially for up to 80 per cent of its food requirements, Malta is using its strategic location in the Mediterranean Sea to help it earn the money which ensures that it can continue to meet this burden.
It is now recognised as having one of the most stable banking systems in the EU, despite having tied itself to the single currency in 2008, four years after it actually joined the Union. Malta, along with its satellite islands of Gozo and Comino, is heavily dependent on tourism, but also has manufacturing bases in the pharmaceutical and electronics industries.
Great Britain remains one of its most important trading partners, largely a legacy of the 19th and 20th centuries, for 150 years of which the island was a British possession. The islands even remained a member of the British Commonwealth after gaining their independence, and until they adopted the Euro, used their own derivative of the UK pound as their currency.
As a result, there is regular international freight traffic between the two sets of islands, with many ex-British residents having relocated there to take advantage of the warmer climate and more liberalised financial regime. Many of these have subsequently set up their own businesses, and look to keep their ties with their former homeland through extensive trade.
So if your business wants to serve the islands population of more than 400,000, there is unlikely to be any major language barrier. And with the country embarking on an oil exploration programme in conjunction with its North African neighbours in Tunisia, there may be opportunities for British companies with experience in this field to exploit their know-how.
The main port and capital city, Valletta, is situated on a headland on the islands eastern coast. It is the main gateway into the country for international trade by air and sea, and almost certainly will be the arrival point for any parcel to Malta which you send.
