Italian Ambassador to Algeria reveals: “We have signed 28 agreements, 20 others are being negotiated, with bilateral exchanges totaling 20 billion euros”
BY: Hana Saada
ALGIERS- During a speech at the Italian Embassy in Algeria, delivered on the occasion of the celebration of Italy’s National Day, Ambassador Giovanni Polizzi highlighted the strong and unique relationship between the two countries. This relationship has been fostered by a series of high-level bilateral visits, resulting in a significant increase in bilateral exchanges of over 158% in 2022, totaling more than 20 billion euros.
Ambassador Polizzi also revealed that 28 agreements have already been signed between Italy and Algeria, with an additional 20 currently being negotiated. Furthermore, there are currently 15,000 Italian studants in Algeria, further strengthening the cultural ties between the two nations.
The Italian diplomat went on to emphasize the significant increase in trade exchanges between the two countries, which exceeded 20 billion dollars in 2022, representing a remarkable increase of over 158% compared to the previous year. Additionally, there are now over 200 Italian companies operating in Algeria, and six centers for visa applications, even in remote areas outside of the capital.
Exploring Italian-Algerian bilateral relations
As we delve into the multifaceted relationship between Italy and Algeria, it becomes clear that the two nations have a rich history of collaboration and exchange. From economic ties to cultural connections, there are numerous areas in which these countries have worked together to achieve mutual benefits.
In terms of economic relations, Italy has been a key trading partner for Algeria, with significant investments in the energy sector and other industries. Additionally, cultural exchanges have played a vital role in strengthening the bond between these nations, with Italian and Algerian artists, musicians, and writers sharing their talents and perspectives.
Furthermore, political cooperation has been a cornerstone of the Italian-Algerian relationship, with both countries working together on issues such as migration, security, and regional stability. Through diplomatic channels and joint initiatives, Italy and Algeria have demonstrated a commitment to promoting peace and prosperity in the Mediterranean region and beyond.
Overall, the Italian-Algerian bilateral relationship is dynamic and multifaceted, with numerous areas of collaboration and mutual benefit. By exploring the various spheres in which these nations interact, we gain a deeper understanding of the importance of this partnership and the potential for future growth and development.
Enhancing Italian-Algerian bilateral relations
Italy and Algeria have a long-standing history of diplomatic and economic relations. However, there is still room for improvement in strengthening these ties. As an observer, it is imperative to highlight the significance of enhancing Italian-Algerian bilateral relations.
Firstly, Italy and Algeria share a common Mediterranean coastline, which presents a unique opportunity for both countries to collaborate on maritime security and trade. Algeria is a major exporter of oil and gas, while Italy is a leading importer of these resources. Therefore, there is potential for increased cooperation in the energy sector, which could benefit both nations.
Secondly, Italy and Algeria have a shared interest in combating terrorism and extremism in the region. Algeria has been successful in countering terrorism within its borders, and Italy has been a key partner in supporting these efforts. By strengthening their cooperation in this area, both countries can contribute to regional stability and security.
Lastly, Italy and Algeria have a rich cultural heritage that can be leveraged to promote tourism and cultural exchange. Algeria has a diverse landscape, including the Sahara Desert and the Mediterranean coastline, which can attract Italian tourists. Similarly, Italy’s historical landmarks and cultural attractions can be of interest to Algerian visitors.
In conclusion, enhancing Italian-Algerian bilateral relations is crucial for both countries’ economic, security, and cultural interests. By leveraging their shared interests and strengths, Italy and Algeria can build a stronger and more prosperous partnership.
