Institute of Directors see EU
success as providing a solid foundation for growth
Chairman of The Institute of Directors (IoD), James Satariano,
congratulated Prime Minister Eddie Fenech Adami on his electoral victory
and expressed the IoDs wish for Maltese entrepreneurs, commercial
leaders and the people to work together so that no-one will be denied
the benefits to be derived from European Union membership.
"This is a historic moment when the Maltese electorate has clearly
shown that the European Union is their foremost political goal, to achieve
a quality of life and standard of living that is currently enjoyed by
EU member states citizens" said Mr. Satariano. "Maltas
status on the international stage will be greatly enhanced which underlines
the referendum result announced on 9 March.
The national movement in favour of EU membership led by the Prime Minister
confers a right on our nation which the majority has believed would
be our place for some time. By working to free the nation from colonialism,
by seeking to establish a Republic and create our own constitution,
we as a free people are able to freely decide our place in the European
context alongside other nations whose history and culture reflect our
own" continued Satariano.
Satariano also referred to the very favourable package obtained by Maltas
negotiators as galvanising support towards making membership a success.
"With the support of entrepreneurs, and the hard work of the new
Government, there is no reason why we cannot prosper from membership:
in the conference we organised together with the British High Commission
last December, Lord Leon Brittan made this very point, and I am now
pleased to say that this will become a reality. The Prime Minister will
have IoDs full backing to achieve this goal." The IoD said
that Maltas size and the determination of its entrepreneurs would
be a key factor in Malta realising its full potential within the European
family and that Maltas company directors were convinced that investment
would grow on a very solid foundation.