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 the 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
 May 5 2015 - Spring weather conditions forecast over next three daysJordan News Agency
(MENAFN - Jordan News Agency) A rise in temperatures is expected on Tuesday and the weather will be moderate in most parts of the Kingdom and warm in the Jordan Valley and Aqaba.According to the ...

 May 5 2015 - U.S led-coalition conducts 22 airstrikes against Daesh in IraqJordan News Agency
(MENAFN - Jordan News Agency) Coalition military forces in a statement said it had launched 22 airstrikes against Daesh terrorist gang in Iraq during the past 24 hours.The strikes hit tactical units ...

 May 5 2015 - Israeli forces arrest 11 Palestinians in the West BankJordan News Agency
(MENAFN - Jordan News Agency) Israeli occupation soldiers on Tuesday arrested 11 Palestinians in the West Bank.Palestinian Interior Ministry said that the occupation forces stormed the towns of ...

 May 5 2015 - Red Cross issues 24 travel documents for Syrian refugeesJordan News Agency
(MENAFN - Jordan News Agency) A total of 24 travel documents were issued recently by the International Committee of the Red Cross (ICRC) to Syrian refugees in Jordan who were granted resettlement ...

 May 5 2015 - 7th Jordan AFAQ Economic Forum to be held in Amman next TuesdayJordan News Agency
(MENAFN - Jordan News Agency) The 7th Jordan AFAQ Economic Forum will be held in Amman next Tuesday with the participation of economic and financial experts as well as companies from 10 nations, ...

 May 5 2015 - TAG signs two agreements to promote Italian languageJordan News Agency
(MENAFN - Jordan News Agency) The Talal Abu Ghazaleh (TAG) organization and the Italian Embassy in Jordan signed a cooperation agreement Tuesday to promote the Italian culture and language.Under the ...

 May 5 2015 - IMF expects 3.8% GDP growth in Jordan in 2015Jordan News Agency
(MENAFN - Jordan News Agency) The Regional Economic Outlook Update, released Tuesday in Dubai, projected that Jordan's Gross Domestic Product (GDP) will grow by 3.8 per cent this year and 4.5 per ...

 May 5 2015 - Specialized training course on ethical hacking concludes at RSS in JordanJordan News Agency
(MENAFN - Jordan News Agency) A specialized training course entitled "Certified Ethical Hacking" concluded at the Royal Scientific Society (RSS) Tuesday.The training course, which was held by the ...

 May 5 2015 - UNFPA calls to enhance quality of midwives servicesJordan News Agency
(MENAFN - Jordan News Agency) The Executive Director of the United Nations Population Fund (UNFPA), Babatunde Osotimehin, called for greater investments to increase the number of midwives and enhance ...

 May 5 2015 - VOL 1 - Companies need to balance expectations of all stakeholders: Bharat WakluKNN India
(MENAFN - KNN India) Today's companies need to balance needs, expectations and aspirations of all stakeholders. They should also have a mechanism by which if there is a tie between the expectations ...

more...


 






Google

Click to Apply

 
 

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