The President of the Republic, Abdelmadjid Tebboune, accompanied by the President of the Council of Ministers of Italy, Giorgia Meloni, signed several agreements between the two countries.
- A cooperation agreement between the Council for Economic Renewal and the Italian Economic and Industrial Confederation
- A memorandum of understanding to improve the energy interconnection networks between Algeria and Italy for a sustainable energy transition
- A Protocol for technological cooperation for the reduction of gas fires, recovery and other technologies to reduce emissions
- A memorandum of understanding for cooperation in the field of space activities for peaceful purposes.
But also a joint statement on the occasion of the 20th anniversary of the signing of the Treaty of Friendship, Good Neighborliness and Cooperation between Algeria and Italy.
It should be recalled that the President of the Republic, Abdelmadjid Tebboune received the President of the Council of Ministers of Italy, Giorgia Meloni at the headquarters of the Presidency, this Monday, January 23, 2023.
Italian companies ready to invest in Algeria, according to Meloni
On the sidelines of the meeting with President Tebboune, during a press briefing, the President of the Council of Ministers of Italy, Giorgia Meloni declared that Algeria offers important facilities in the field of investment. Noting that Italian companies are ready to invest in Algeria. Particularly in the field of energy, where Algeria can become a leader at African and world level.
Georgia Meloni said the Algerian government is doing an excellent job of facilitating foreign investment. Stressing that Italian companies are ready to invest in Algeria. Especially since it is a strategic partner.
Moreover, she added that Italy is working to sign agreements in many important and essential sectors.
Regarding investments in North African countries, Giorgia Meloni said that she relies on Algeria and has priority, which is the most strategic and stable country to invest. Noting that she will travel to North African countries in the coming weeks.
