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Italy' house speaker visits Cairo to meet Al-Sisi, Abdel Aal on bolstering cooperation - Daily News Egypt

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Italy’ house speaker visits Cairo to meet Al-Sisi, Abdel Aal on bolstering cooperation

Rome considered important trade partner for Egypt, with significant investments, especially, in oil, gas

Italy’s Chamber of Deputies Speaker Roberto Fico has arrived in Cairo to meet with President Abdel Fattah Al-Sisi and Parliament Speaker Ali Abdel Aal in a two-day visit.

Abdel Aal on Sunday addressed with Fico bilateral cooperation and issues of common interest with the participation of top Egyptian officials and parliament members.

Fico who was elected speaker of the lower house last March following Italy’s general elections, will meet Al-Sisi on Monday. 

Italy is an important trade partner for Egypt with significant investments, especially, in fields of gas and oil. Two countries trade exchange estimated $3.333bn, including $1.433bn in imports and $1.899bn in exports according to the Central Bank of Egypt (CBE) recent report last month.

Furthermore, Egypt is currently engaged in international energy cooperation, such as the Italian oil and gas company Eni, which operates in the country since 1954 and Britain’s BP.

Fico’s visit came nearly a month after Italian Minister of Foreign Affairs Enzo Moavero Milanesi visited Egypt. During which, Milanesi praised Egypt efforts in confronting illegal immigration, and its “excellent cooperation” regarding investigations into Cambridge student Giulio Regeni’s murder in 2016.

Since Regeni’s death, the Italian-Egyptian relations have been clouded. However, the diplomatic standoff came to a relative end when Italy announced the return of its ambassador, Giampaolo Cantini, to Cairo after recalling him last year amid frustration over “the lack of cooperation in its investigations in Cambridge student death.” 

On another hand, Italy seeks to tackle its long-time headache of migrants crossing the Mediterranean from Libya to southern Italy, as it recently called for setting up migrant centres on the external borders of southern Libya.

Meanwhile, a European proposal recently suggested establishing refugee centres in countries of the Middle East, which Egypt declined.

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