Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

The Italian PM Enrico Letta in an exclusive interview on "Al Arabiya" News Channel  Join our daily free Newsletter

MENAFN Press - 02/02/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN Press) The Italian Prime Minister Enrico Letta stressed that his official visit to the United Arab Emirates falls under the heading of strengthening bilateral relations between the two countries, and also bears an economic dimension, in view of the abundance of prevailing investment opportunities



During an exclusive interview on "Al Arabiya" News Channel, and within the framework of his visit to the UAE - that included a delegation of senior ministers from the Italian government, as well as political and economic officials - Prime Minister Letta visited the Headquarters of "MBC Group", in Dubai Media City, where "Al Arabiya" News Channel studios are located



With regards to the primary objective of visiting the United Arab Emirates, Prime Minister Letta stated that he is showcasing a master plan for the privatization in Italy, and added: "We have to benefit from the current opportunities; for example, Italy will host "Expo 2015" next year in Milano, whereas Dubai will host "Expo 2020", in 6 years. Therefore, the linkage between the two is established, and we are bound to make the most out of this opportunity". PM Letta further stressed that Dubai had supported the bid of Italy hosting "Expo 2015", similarly to Italy's support of the Dubai's bid to host "Expo 2020", therefore clearly marking a mutual interest and mutually beneficial cooperation



As for the broader economic cooperation between Italy and the GCC countries, Prime Minister Letta elaborated on the abundance of opportunities in various fields and industries that include "Aviation", particularly between "Etihad Airways" in the UAE and "Alitalia" in Italy; in addition to industry and commerce; financial markets; and other sectors of Economy & Trade. PM Letta further said that "we are bound to take into consideration that Italy is in the process of Privatizing a number of public entities, such as the "Post", "Water Basins/Sewage" among others, in a drive to generate nearly Euro 15 Billion. PM Letta assured during his interview on "Al Arabiya", the willingness of Italy to cooperate with the United Arab Emirates and GCC countries, over Privatization, as the country is seeking to attract additional capital from the Gulf, with the aim of further strengthening investments; in parallel, many of the Italian investors today are seeking to invest in e UAE and other Gulf countries




Regarding political affairs, Prime Minister Letta discussed the Palestinian cause and the Middle East Peace Process, assuring that Italy supports U.S. Secretary of State John Kerry's initiative to







Resolve the conflict in the region, and backs the "two-states" solution, while hoping that Italy can help Palestinians and Israelis, thanks to its close ties to both. PM Letta further referred to his recent support to rebuild the infrastructure in Palestine, during his recent and latest visit to Jerusalem and Ramallah



On the issue of Iran, Prime Minister Letta elaborated that Italy is "cautious" when it comes to its economic exchanges with Iran, and further added: "However, it is worth investing in change, embodied nowadays by the new representative of the Islamic Republic of Iran - President Hassan Rohani". And in this context, PM Letta said that he had discussed the subject matter with Emirati officials, seeking their point of view and alignment, as it is a strategic and important one



On a different note, the Italian Prime Minister Enrico Letta talked about the illegal immigration emanating from some Arab countries into Italy, and that the country takes good care of the Humanitarian side of this immigration, especially that the Italian Coast Guard had rescued about 4,000 people in the Mediterranean Sea, during the recent period. Prime Minister Letta pointed out that the "Immigration File" is a European one, and not a pure and simple Italian one, and therefore Italy is in amidst discussions with other European countries, to seek new means of cooperation with Arab countries, especially where refugees immigrate from, such as Libya



It's worth noting that Prime Minister Letta had talked, at the beginning of his interview on "Al Arabiya" News Channel, about the impact of his official visit to the UAE and the extent of it potentially affecting the Italian Budget Deficit; the PM explained that the situation in the Euro zone, and Italy in particular, was difficult in the past, pointing out that 2014 is a turning point for Italy, as it will be able to reduce the public debt for the first time in 6 years". And PM Letta to finally conclude: "2014 is expected to witness a 1% growth, while next year a growth rate of 2% is envisaged"



About Al Arabiya News Channel:
Al Arabiya News Channel, a 24/7 free-to-air news and current affairs Channel, was launched in 2003 and soon became the news source of choice for Arabs seeking credible news and information about the Middle East and the world beyond. Al Arabiya's reputation for sober and balanced reporting now extends beyond its natural geographic and cultural domain. Al Arabiya runs an extensive global network of correspondents and reporters to provide its audiences with the latest updates, scoops, interviews, and exclusives. With nearly 30 offices around the world and large-scale presence in several key countries such as Iraq, Palestine, The Kingdom of Saudi Arabia, Egypt, Lebanon, Jordan, and Yemen; Al Arabiya enjoys a competitive edge in providing on-ground, first hand coverage of major events of relevance to its audience and the world at large. Al Arabiya's charter embodies an independent editorial policy based on providing its viewers with speedy news service and balanced analysis that is thoughtfully accurate, comprehensive and objective.

 


MENAFN Press




  MENA News Headlines
 Aug 30 2016 -  Several dead, injured as blast hits near China Embassy in KyrgyzstanJordan News Agency
(MENAFN - Jordan News Agency) Amman, Aug. 30 (Petra) -- Several people have been killed and wounded in a powerful explosion that rocked the Chinese Embassy in Kyrgyzstan's capital, Bishkek, Russian ...

 Aug 30 2016 - 3 Iraqis killed in bomb explosionJordan News Agency
(MENAFN - Jordan News Agency) Baghdad, Aug. 30 (Petra) -- A blast ripped through a popular market northwest of the Iraqi capital Baghdad, killing 3 people and wounding12 others, according to a ...

 Aug 30 2016 - Jordan's exports to North American countries reach JD496 million in 6 monthsJordan News Agency
(MENAFN - Jordan News Agency) Amman, Aug. 30 (Petra)--Jordan's exports to countries of North America stood at JD496 in the first half of 2016, compared to JD489 million in the same period of last ...

 Aug 30 2016 - Israeli forces demolish Palestinian homes in West BankJordan News Agency
(MENAFN - Jordan News Agency) Ramallah, Aug. 30 (Petra)--Israeli bulldozers Tuesday demolished a Palestinian home in Sur Baher village south east occupied Jerusalem under the pretext that it was ...

 Aug 30 2016 - Jordan- Normal summer weather forecast TuesdayJordan News Agency
(MENAFN - Jordan News Agency) Amman, Aug. 30 (Petra) -- Normal summer conditions are forecast to prevail Tuesday in the hilly areas, while it will be hot in other parts of the Kingdom. According to ...

 Aug 30 2016 - Jordan- FBI arrests man plans to attack police, burn mosque, has stockpile of weaponsJordan News Agency
(MENAFN - Jordan News Agency) Washington, Aug.30 (Petra) -- The FBI late Saturday arrested a man in Boston, who threatened to kill Muslims, plant bombs in police stations, and attack a mosque. The ...

 Aug 30 2016 - Terrorist Attack Kills 18 People Near Karbala in IraqMorocco World News
(MENAFN - Morocco World News) Five attackers armed with suicide vests, rifles and grenades have killed 18 people and wounded dozens more in the Iraqi town of Ain al-Tamer, southwest of Baghdad, local ...

 Aug 30 2016 - Morocco's Migration Policy in Line with Its Values: MinisterMorocco World News
(MENAFN - Morocco World News) Morocco has made the irreversible choice of a migration policy that is in line with its fundamentals, Moroccan minister in charge of Moroccans living abroad and ...

 Aug 30 2016 - UAE- Arab coalition will rid Yemen of terror: paperEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) ABU DHABI, 30th August, 2016 (WAM) -- A UAE newspaper has said that over 70 lives have been lost at an army recruitment camp in Yemen in a suicide attack ...

 Aug 30 2016 - Bahraini King meets Arab League Secretary-GeneralEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) MANAMA, 30th August, 2016 (WAM) -- His Majesty King Hamad bin Isa Al-Khalifa of Bahrain met yesterday with Ahmed Aboul-Gheit, Arab League Secretary-General. ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help