Ambassador Bassam Radi, Egypt's ambassador to Rome, revealed details of Egyptian-Italian cooperation in food security and energy projects during the visit of the Minister of Supply, Dr. Ali El-Moselhy, Minister of Supply and Internal Trade, to Italy.

By | Tony Wild
Economy
May 23, 2023

  The Egyptian ambassador to Italy said that food security is one of the most important issues raised globally, especially after the outbreak of the Ukrainian-Russian crisis and the spread of the Coronavirus.
Italy is considered a strategic partner and finds in Egypt great ingredients for agricultural production, and the reclamation of agricultural lands and expansion of projects made Italy one of the largest investors since Egypt has great potential for the success of agricultural and industrial ingredients.

Rady added that Italy is following up on agricultural reclamation projects in Egypt, explaining that it holds one-day markets, where each province specializes in producing a specific crop, which is displayed in a specific place at the lowest prices.

He explained the one-day markets that Italy is holding in order to promote the products of Italian provinces, adding that it was agreed between the Egyptian and Italian sides to transfer the Italian experience in agriculture and technology in order to exploit the potential of agriculture in Egypt and sort the best results from the crops that are grown in Egypt.

Radi stressed that the global crisis is hitting the countries of the world, as the price of a liter of gasoline reached 2 euros in Italy, unlike Egypt, which supports energy derivatives in a large way, noting that Italy views Egypt as a regional and African weight.

He pointed out that there is an exchange of visits between Egypt and Italy during the coming period, and that Italy wants to cooperate with Egypt in many fields, such as “food security, illegal immigration, and combating terrorism.”

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