Malta And UAE To Discuss Proposed Double Tax Treaty
A high-level delegation from Malta is visiting the United Arab Emirates to
discuss a double-taxation avoidance treaty between the two jurisdictions, according
to a report from the Gulf News Online news service. Speaking on Saturday, Minister for Economic Services, Professor Josef Bonnici
announced that: 'The finance ministers of the two countries are meeting today and such a treaty
would be among the topics raised.' Malta also opened a trade office in Dubai at the weekend, and it is hoped that
the closer co-operation will increase trade in oil between the two countries.
Currently, some 50% of Malta's requirements in that department are met by Libya,
according to Gulf News Online. Professor Bonnici confirmed this possibility at the weekend, explaining that: 'Direct oil imports from the UAE are something which we can look to develop.
We are very open to any suggestions.' .
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