It was both timely and pertinent for The Sunday Times of Malta to highlight the threat posed by the new EU environmental tariff (known as the EU ETS for Shipping Directive) to Malta’s import and export market.
If it is allowed to remain as is, the directive, which forms part of the European Green Deal and Fit for 55 Package, will deal a big blow to Malta’s Freeport’s competitiveness – with the consequence that connectivity for local industry will suffer and costs are likely to rise.
Under the new...