A stronger role for Italy as the crossroads for social-economic development in the Mediterranean Basin and more investment and industrial collaboration opportunities for Italian companies to revitalise exports. These are the key aims of the Mediterranean Economic Forum the MFA is sponsoring in Rome. The event opens on 25 February 2010 at Campidoglio (Rome City Council) and closes on 26 February at the headquarters of Confindustria, the Italian industrialists’ confederation.
About 600 enterprises, including over 200 foreign companies from 13 countries – Algeria, Cyprus, Egypt, Jordan, Israel, Lebanon, Libya, Malta, Morocco, the Palestinian Territories, Syria, Tunisia and Turkey – and 1300 bilateral business meetings. These are the figures for the 2-day event organised by the Italian Institute for Foreign Trade (ICE), Confindustria and the Italian Banking Association (ABI). The Forum is being supported by the Ministry for Economic Development and the Ministry of Foreign Affairs, with a contribution from Rome’s Union of Industrialists and Enterprises. This is the second edition of the Forum, the first having been held in Palermo in 2006. From the Palermo event to the end of 2009, Italian exports to the 13 Mediterranean countries taking part amounted to about 22.5 billion euros.
Minister Franco Frattini underscored that “this initiative fits admirably into the Foreign Ministry’s renewed, and very active, economic diplomacy effort and the role played by Secretary of State Craxi in this context as the Government’s representative for the Union for the Mediterranean”.
The Forum will include seminars on water, energy, hi-tech, logistics and distribution. Possibilities for industrial collaboration will also be examined through meetings between members of the Italian business community and entrepreneurs from the participating countries. Also attending will be the Presidents of Confindustria and other industrialists organisations, the banking associations and the investment agencies of each participating country.