Egypt–Italy relations

Egypt-Italy relations

Egypt
Italy

Egypt–Italy relations refer to relations between Egypt and Italy. Relations were established during the period of the Roman Empire. However in World War II, relations were strained as Italy invaded Egypt. However after the war, relations were re-established and are close. Egypt has an embassy in Rome and Milan, while Italy has an embassy in Cairo and Alexandria, also the two nations are members of the Union for the Mediterranean.

Italy is Egypt's largest trade partner in the European Union, and is the third largest internationally following the United States and China. Furthermore, Italy's investments in Egypt are worth $2.6 billion, mostly concentrated in transport and banking services among other sectors, making it the fifth largest European investor in Egypt.[1] By the end of 2014, the volume of trade between the two countries reportedly reached $6 billion.[2]

See also

References

  1. ↑ Ayyad, Mohamed (8 December 2014). "50 Italian companies to hold investment talks in Egypt in February: Italian ambassador". Daily News Egypt. Retrieved 8 December 2014.
  2. ↑ Allam, Sanaa (10 March 2015). "Egypt-Italy Trade Hits US$6 Bln in 2014". Zawya. Retrieved 11 March 2015.