With the rapid growth of the Indian economy, third in the purchasing power parity of GDP, the Maltese government is encouraging Indians to settle in Malta. Several Maltese trade missions, often led by ministers, visit India. Since 2007, Malta has had a significant diplomatic presence in India with a Maltese High Commission in New Delhi and a Maltese Consulate in Mumbai, Chennai and Kolkata. Malte Enterprises has an office in India for trade and investment promotion in India. Malta`s efforts are rewarded with the construction of a €16 million factory in Hal Far, which employs hundreds of Maltese and trains pharmacy students from the University of Malta. India`s Aurobindo Pharma is expanding its investments and stakes in Malta.   Within the framework of the UN treaty, the two UN decided to establish stronger cultural ties.  The two nations agreed to honor the cultural heritage of the other and to promote cultural ties in the countries of the other.  (d) If he is a national of both or both States, the competent authorities of the States Parties shall endeavour to settle the matter by mutual agreement.
This Agreement shall not affect the fiscal prerogatives of members of diplomatic missions or consular representations, in accordance with the general rules of international law or the provisions of special agreements. The Maltese government encourages Indian companies to set up in Malta. To attract Indian companies, Malta has offered several incentives to Indian companies. .