India and Malta share a common heritage, being members of the Commonwealth.
Trade between the two countries jumped 29% in 2018-19.
India established diplomatic relations with Malta in 1965.
Malta's economy reported growth of 4.4% during 2019.
India-Malta cultural agreement has been in force since 1992.
There are some Indian students currently studying in Malta.
US$ 477.22 mn
bilateral trade value for 2020-2021
PIOs/NRIs currently live in Malta
Malta is classified as an advanced economy by the IMF
Malta is a freight transit shipment point, financial centre and ICT and R&D hub, offering investment scope for Indian companies.
India and Malta currently have several bilateral agreements in place spanning maritime, taxation, tourism, ICT, among others.
Malta in the Mediterranean Sea is a fast-growing global tourist destination that requires related services to develop the sector.
The documents signed during the Indo-EU Leaders' Meeting include the India-EU Leaders’ Meeting Joint Statement, India-EU Connectivity Partnership, and the document recognizing the second round of financing for the Pune Metro Rail Project.
Wine other than sparkling wine of fresh grapes, incl. fortified; grape must with fermentation prevented/arrested by the addition of alcohol, in containters of 2 l/less (220421)
Waters, incl. min. waters & aerated waters, cont. added sugar/oth. sweeteni … (220210)
Meat of bovine animals, frozen, boneless (020230)
Cuts & edible offal of species Gallus domesticus, frozen (020714)
Bread, pastry, cakes, biscuits & oth. bakers’ wares n.e.s. in Ch.19, whethe … (190590)agriexchange.apeda.gov.in
Chocolate & oth. food preps. cont. cocoa (excl. of 1806.20-1806.32) (180690)agriexchange.apeda.gov.in
Food preps., n.e.s. (210690)
Prepared/presvd. preps. of fowls of the genus Gallus domesticus (excl. homo … (160232)
Fish; live, Atlantic and Pacific bluefin tunas (Thunnus thynnus, Thunnus orientalis) (030194)
Fish; frozen, herrings (Clupea harengus, Clupea pallasii), excluding fillets, livers, roes, and other fish meat of heading 0304 (030351)
Fish preparations; tunas, skipjack and Atlantic bonito (sarda spp.), prepared or preserved, whole or in pieces (but not minced) (160414)
Meat preparations; of the poultry of heading no. 0105, (1.e. of fowls of the species Gallus domesticus) (160232)
Fish; frozen, mackerel (Scomber scombrus, Scomber australasicus, Scomber japonicus), excluding fillets, livers, roes, and other fish meat of heading 0304 (030354)
Export: Refined Petroleum -US$ 765 million
Export: Crude Petroleum-US$ 78.7 million
Export: Petroleum Coke-US$ 17.8 million
Here are the leading sectors of opportunities for foreign investors
India's Aurobindo Pharma runs an analytical Pharma testing plant in Malta.
India's Streamcast Technologies is setting up data centres in Malta.