Frendo said Croatia and Malta had excellent political relations and all the necessary infrastructure for business cooperation, such as agreements on the avoidance of double taxation and the stimulation of investment.
At the meeting, representatives of a dozen Croatian and Maltese companies held presentations and talks.
According to Croatia's Central Bureau of Statistics figures, Croatian exports to Malta in 2005 were USD 114.7 million while imports were below USD 2 million.
HGK vice president Vesna Trnokop-Tanta said that nearly 91 per cent of Croatian exports to Malta referred to ships, yachts and other vessels.
The director of the Maltese Foreign Ministry Administration for the Economy, Carmel M. Galea, said that Malta, despite having the sea as its only natural resource, had managed to become one of the world's leading countries in terms of export per capita.
Malta's exports include revenue from tourism, which accounts for 85 per cent of GDP, which is nearly 11,000 euros per capita.
Galea underlined that Malta was strongly dependent on international cooperation, recalling that more than 200 foreign manufacturing companies were active there.
Trnokop-Tanta said today's meeting, apart for business contacts, was also important because of Malta's experience in European Union integration.