Energy News
TRADE WARS
Erdogan, Meloni vow to bolster Italy-Turkey ties
Erdogan, Meloni vow to bolster Italy-Turkey ties
by AFP Staff Writers
Rome (AFP) April 29, 2025

Turkish President Recep Tayyip Erdogan and Italy's Prime Minister Giorgia Meloni pledged Tuesday to deepen ties between the Mediterranean countries, including by boosting bilateral trade to more than $45 billion a year.

Erdogan arrived for talks in Rome in a bid to promote cooperation and economic deals including in energy and defence, according to an Italian government source.

"Today we signed a joint declaration that sets a new and truly ambitious target of reaching 40 billion euros ($45 billion) in trade in the medium term," Meloni said after the talks.

"The goal we're seeking with our Turkish partners is to reinforce European and Mediterranean industrial autonomy," she added.

Italy is Turkey's second-largest commercial partner in Europe, with bilateral trade worth $32.2 billion in 2024, according to Rome.

The two leaders also discussed the war in Ukraine and tensions in the Middle East before a larger meeting with ministers from both sides, a Rome government source said.

"The aim is to strengthen the cooperation and strategic partnership between the two nations" and foster "economic and trade relations, which have grown significantly in recent years", the source said.

The summit comes as Russia's invasion of Ukraine has pushed the European Union, of which Italy is part, to seek deeper security ties with Turkey, a NATO member and a longtime candidate to join the 27-nation bloc.

With arms industry orders soaring in response to the conflict, Italian defence firm Leonardo and Turkish drone producer Baykar agreed in March to jointly develop unmanned aerial systems.

Migration, a key topic for Italy's far-right prime minister, was also high on the agenda, the source said.

Ankara has in recent years played a leading role in helping stem irregular arrivals to Europe, in return for billions of euros from Brussels.

The delegations also were to discuss cooperation in transport, infrastructure, space and sport, with Italy and Turkey due to jointly host the 2032 European football championships, the source said.

ub/ar/js/tw

Leonardo

Related Links
Global Trade News

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
TRADE WARS
China says 'no phone call' recently between Xi and Trump
Beijing (AFP) April 28, 2025
Beijing on Monday insisted that "no phone call" took place recently between President Xi Jinping and his US counterpart, after Donald Trump said he had spoken with the Chinese leader. The world's two biggest economies are locked in an escalating tit-for-tat trade battle triggered by Trump's levies on Chinese goods, which have reached 145 percent on many products. In an interview conducted on April 22 with TIME Magazine and published Friday, Trump insisted Chinese leader Xi called him despite Bei ... read more

TRADE WARS
How can an electricity network go down in five seconds?

Finland says supports EU goal to cut emissions 90 percent by 2040

UN, Brazil to hold virtual summit Wednesday ahead of COP30

Gunmen attack Chinese-owned power plant site in Chile

TRADE WARS
UN chief says energy revolution unstoppable despite US pivot

ITER completes record breaking superconducting magnet system for fusion energy

Microscale weld imaging unlocks improved durability for fusion power plants

Indonesia says China's Huayou to replace LGES in EV battery project

TRADE WARS
Norway's Equinor slams 'unlawful' halt to US wind farm

US halts Equinor's huge New York offshore wind project

Chinese energy giant Goldwind posts annual growth as overseas drive deepens

Clean energy giant Goldwind leads China's global sector push

TRADE WARS
In US, saving money is top reason to embrace solar power

AI designed nanostructure coating cuts solar reflection and boosts cell efficiency

Photovoltaic rooftops could supply over one third of Vitoria Gasteiz energy needs

Record efficiency milestone reached in ecofriendly organic solar technology

TRADE WARS
Top uranium producer Namibia to open talks on nuclear energy plant

AI driven algorithm streamlines next generation nuclear reactor shielding design

Spain nuclear plants in 'safe' shutdown mode after blackout

New reactor model unlocks deeper insights into molten salt reactor dynamics

TRADE WARS
Bacteria breathe electricity unlocking bioenergy and clean tech potential

Turning wood waste into ultra strong material

Tunisian startup turns olive waste into clean energy

Airlines cast doubt on EU sustainable fuel targets

TRADE WARS
Shell net profit sinks 35% in first-quarter as oil prices fall

U.S. sanctions vessels, firms providing Houthis with support

US imposes sanctions to curb Iran oil despite talks

More than 80,000 litres of oil spilled around a barge on Danube in Serbia

TRADE WARS
US climate assessment in doubt as Trump dismisses authors

Don't make 'disappointing' retreat on climate, COP30 CEO urges EU

Trump scraps US office on climate diplomacy

Climate watchers fret over Trump's cut to sciences

Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.