logo
Turkey and Italy strengthen ties with trade and defence agreements

Turkey and Italy strengthen ties with trade and defence agreements

BreakingNews.ie29-04-2025
Turkish President Recep Tayyip Erdogan and Italian Prime Minister Giorgia Meloni on Tuesday observed the formal exchange of a dozen co-operation agreements, including on defence, as part of efforts to strengthen ties between the two nations.
Mr Erdogan was in Rome to attend a fourth so-called Intergovernmental Summit between Italy and Turkey that aims to boost trade and co-operation.
Advertisement
His visit comes at a time when Turkey and Italy have expanded defence partnerships.
In March, Turkey's leading drone manufacturer, Baykar, reached a memorandum of understanding for a joint venture with Italy's Leonardo for production of unmanned aerial vehicles. Last year, Baykar bought Italian aircraft producer Piaggio Aerospace.
Speaking after their meeting, Ms Meloni and Mr Erdogan said that Turkey and Italy have successfully reached their 30 billion-dollar (£22.3 billion) trade volume target and have now set a new goal of 40 billion dollars (£29.8 billion), signalling further economic collaboration.
'We will continue to strengthen our co-operation with Italy, which has made significant progress in the field of defence industry, with new partnerships and projects,' Mr Erdogan said.
Advertisement
Italy sees Turkey as a key partner in managing migration numbers and maintaining stability in the region.
On Tuesday, Ms Meloni thanked Mr Erdogan, saying joint measures by Turkey and Italy had resulted in the number of migrants originating from Turkey dropping to 'zero'.
Mr Erdogan said: 'We will continue our co-operation with Italy in the field of combating irregular migration in the coming period.'
The Turkish leader also said the sides had discussed possible co-operation towards Syria's redevelopment and would hold more consultations on the issue.
Advertisement
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Italy's Meloni says it's a 'positive' trade deal was reached but needs to see details
Italy's Meloni says it's a 'positive' trade deal was reached but needs to see details

Reuters

time7 hours ago

  • Reuters

Italy's Meloni says it's a 'positive' trade deal was reached but needs to see details

ROME, July 27 (Reuters) - Italy's Prime Minister Giorgia Meloni said on Sunday it is "positive" a trade deal has been reached between the European Union and the United States, adding, however, that she needs to see the details. Washington struck a framework trade deal with the EU imposing a 15% import tariff on most EU goods. "I consider it positive that there is an agreement, but if I don't see the details I am not able to judge it in the best way," Meloni told journalists on the sidelines of a meeting in Addis Ababa. Italy is one of the biggest European exporters to the U.S., with a trade surplus of more than 40 billion euros. The Italian government, led by a nationalist coalition, had urged its European partners to avoid a direct clash between the two sides of the Atlantic. In a statement, Meloni said that the agreement "ensures stability", adding that the 15% "is sustainable, especially if this percentage is not added to previous duties, as was originally planned." "We are ready to activate support measures at the national level, but we ask that they also be activated at the European level for sectors that will be particularly affected by US tariff measures," she added. The statement was also signed by the leaders of the other two coalition parties: Antonio Tajani of Forza Italia and Matteo Salvini of the League.

Libyan entities discuss restarting local pharma production at Rabta factory with Italian company Pharmacom
Libyan entities discuss restarting local pharma production at Rabta factory with Italian company Pharmacom

Libya Herald

time14 hours ago

  • Libya Herald

Libyan entities discuss restarting local pharma production at Rabta factory with Italian company Pharmacom

‎The Ministry of Health revealed yesterday that, together with other Libyan entities, it had held discussions with the Italian company Pharmacom on the reactivation of the Rabta factory for raw materials as part of the strategy to enhance pharmaceutical sovereignty‎. ‎The discussions were chaired by the Undersecretary General of the Ministry of Health / Acting Health Minister, Mohammed Al-Ghouj, in an extensive meeting dedicated to discussing the mechanisms of reactivating the Rabta Raw Materials Factory. This comes as part of the Ministry's efforts to establish a sustainable and high-quality national pharmaceutical industry after the suspension of local production for about 15 years.‎ ‎The meeting was attended by representatives of the National Authority for the Follow-up of the Implementation of the Chemical and Nuclear Weapons Conventions, the State Company for the Manufacture of Medicines and Medical Supplies, a representative of the Italian company Pharmacom, as well as a group of experts in the fields of the pharmaceutical industry, law, and specialized cadres from the Ministry's Pharmacy Department.‎ ‎Diversification, reducing imports dependence and preserving hard currency The Health Ministry says this approach comes in the context of the Tripoli government's 'Return to Life' programme, and with the direct support of Prime Minister, Abd Alhamid Aldabaiba, with the aim of reducing dependence on foreign imports and providing reliable local medicines that meet the needs of the market, in accordance with internationally approved standards.‎ ‎The meeting addressed the technical, legislative and logistical aspects necessary to restart the factory, stressing the importance of developing its manufacturing capabilities to keep pace with the rapid developments in the pharmaceutical industry.‎ Rabta, Qaddafi and chemical weapon- late 1980s to early 1990s It will be recalled that the infamous Rabta Factory is the factory that was part of US and international sanctions on Libya in the late 1980s and early 1990s to prevent Libya from having a chemicals weapons capability under the Qaddafi regime.

LBC and Italian embassy discuss industrial zones, private sector initiatives, benefiting from Italian expertise and visas
LBC and Italian embassy discuss industrial zones, private sector initiatives, benefiting from Italian expertise and visas

Libya Herald

time14 hours ago

  • Libya Herald

LBC and Italian embassy discuss industrial zones, private sector initiatives, benefiting from Italian expertise and visas

The Libyan Business Council (LBC) and the Italian Embassy in Tripoli discussed developing industrial zones, the role of the private sector in supporting industrial initiatives and the possibility of benefiting from Italian expertise in this field.‎ ‎The discussions came during a meeting between Saeed Wanis, a member of the Board of the LBC, and Fabio Giudice the Commercial Attaché Italian Embassy in Tripoli last Wednesday (23 July). The meeting was held on the sidelines of an expanded meeting that included several LBC members and representatives of the Libyan Cooperative Company for the Management and Development of Industrial Zones at the headquarters of Mansoura Holding Company.‎ ‎Visa to Italy for LBC members During the meeting, Wanis affirmed the LBC's commitment to the development of Libyan Italian economic relations and the need to address the administrative and logistical challenges facing businessmen, especially the (perennial) issue of obtaining visas to enter Italy.‎ ‎For his part, according to the LBC, Giudice pointed out the importance of these demands and that he will make all necessary efforts to facilitate the procedures for granting visas to LBC members in a way that serves the economic and commercial movement at the level of the private sector.‎ ‎The LBC said the meeting comes in the context of the continuous efforts to strengthen economic relations between Libya and Italy and is part of a wider series of initiatives implemented by the LBC with the aim of expanding international cooperation and creating a more stable and open economic environment.‎

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store