The Italian Prime Minister is in Cairo to strengthen the strategic partnership and implement the Mattei Plan

By Manal Abdel Fattah

Italian Prime Minister Giorgia Meloni visited Cairo, accompanied by the President of the European Commission, Ursula von der Leyen, the President of the Republic of Cyprus, Nikos Christodoulides, and the Prime Ministers of Belgium, Alexander De Croo, Greece, Kyriakos Mitsotakis, and Austria, Karl Nehammer.

The aim of the visit is to strengthen the strategic partnership between the European Union and Egypt, as the bilateral talks focused on activating the Mattei Plan in Egypt, especially cooperation in the agricultural production and food security sector.

During the meeting, Prime Minister Meloni and President Sisi agreed to establish a partnership between Italy and Egypt within the framework of large agricultural and land reclamation projects, with the aim of establishing a “model farm” and transferring the latest innovative Italian technologies in this sector to contribute to the country’s food security.

On the sidelines of the bilateral meetings and in the European Union format, a series of bilateral agreements related to the implementation of the Mati Plan for Africa were adopted.

On the sidelines of the visit, the Italian Prime Minister opened the offices of the Italian regime in Cairo, including the Economic Office of the Italian Embassy in Cairo, ITA/ICE, CDP, SACE, and SIMEST.

The approved agreements covered different sectors, and specifically two cooperation agreements signed by the Italian Deputy Minister of Foreign Affairs and International Cooperation, Edmondo Cirelli: A development cooperation agreement related to the bilateral program “Technical Support for Industrial Zones for Leather, Marble, and Furniture” aimed at strengthening the Egyptian industrial system, supporting the country’s economic development, and improving waste production capacity. Industrial leather, marble and furniture;

Also, a development cooperation agreement on promoting the rights of persons with disabilities and their social inclusion; A financial agreement signed by the Italian Deposit and Loan Fund CassaDepositi e Prestiti and the Governor of the Central Bank of Egypt, regarding a soft loan worth 45 million euros for the benefit of small and medium-sized Egyptian companies, and a cooperation agreement between the CdP Fund and Afreximbank worth 100 million dollars, for the benefit of sustainable development projects in the field of food security for small companies. And the African medium.

Two memorandums of understanding signed by the Italian company SACE with Orascom Construction and the Bank of Alexandria, respectively, to financially support Italian suppliers in infrastructure development projects in Egypt, and to financially support trade exchange, especially supporting small and medium-sized companies in both countries.
It was agreed between the Italian company Simest and the Egyptian National Service Projects Authority to complete an investment in the silica sand extraction sector.

Two agreements were signed between the Italian company Mermec and the head of the Egyptian Railway Authority, related to the supply of a measuring train to monitor the traditional lines of Egypt’s railways, at a value of approximately 7 million euros, and the establishment of a signaling project worth approximately 100 million euros.

An agreement was signed by the Italian company Arsenale S.p.A with the head of the Egyptian Railways Authority regarding the implementation of a tourist train project under the supervision of the Egyptian Ministry of Transport and the Ministry of Tourism.

A memorandum of understanding was signed between the director of the Italian School of Hospitality and the Egyptian partner, Chairman of the Beik Albatros Group, to design a professional training program in the hospitality and tourism sector. The memorandum of understanding also aims to open a training school in hotel management and tourism services in the city of Hurghada on the Red Sea.

The agreement is part of the Italian government’s strategy to mitigate irregular migration flows and facilitate the phenomenon of legal migration, which aims to fill gaps in the Italian labor market.

For his part, the Minister of Education and Merit, Giuseppe Valditara, signed, during a bilateral meeting with his Egyptian counterpart, Minister Reda Hegazy, a memorandum of understanding regarding strengthening bilateral cooperation in the field of technical and vocational education, and in the same sector, the Vice President of the Italian Federation of Industries, Giovanni Brunioli, and the President of the Federation of Egyptian Industries, Mohamed Zaki Al-Suwaidi signed an agreement on cooperation between the federations in the field of vocational training.

An agreement was also agreed to enhance Italy’s contribution to the response to the health emergency affecting the civilian population in Gaza.

On the occasion of the visit, the office of the Italian Trade Mission in Cairo, ITA/ICE, and the Italian Embassy also organized an event to promote the agreement between Italy and Egypt to establish the maritime interconnection line “RORO” between the ports of Damietta and Trieste. The main Italian and Egyptian interlocutors who are working on implementing the maritime interconnection line participated in the event after the signing of The government agreement to launch the project last January.

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