Archive · 23 Jul 2025
Italy and Algeria Forge New Security and Business Agreements
Italy and Algeria are working closer together!
They made deals to help each other with things like fighting terrorism and helping with migration.
They also made a big deal involving energy, where Italian and Algerian companies will work together to find more oil and gas.
Also, a company is building a new underwater cable to connect the two countries.
Italy already gets a lot of its gas from Algeria, which helps because they aren't getting it from Russia anymore.
Overall, the two countries are trying to be good business partners and friends.
Italy and Algeria agreed to strengthen cooperation on counter-terrorism and migration control.
Thirteen agreements were signed between the governments, including one on combating terrorism financing.
Eni and Sonatrach signed a $1.3 billion production sharing contract for hydrocarbon exploration.
Sparkle, a unit of Telecom Italia, will sign an agreement with Algerie Telecom for a new subsea cable.
Algeria is Italy's leading trading partner in Africa, with trade worth nearly 14 billion euros.
- Who
- Italian Prime Minister Giorgia Meloni and Algerian President Abdelmadjid Tebboune.
- What
- Italy and Algeria boosted cooperation with security and business deals.
- When
- The meeting took place on Wednesday.
- Where
- Rome.
- Why
- To enhance strategic partnership and collaboration in various sectors including energy, telecommunications, counter-terrorism, and migration control.
- Trade Value
- Almost 14 billion euros
- Italian Investments
- 8.5 billion euros
- Agreements Signed
- 13
- Energy Deal Value
- $1.3 billion
- Leading Trading Partner
- Algeria is Italy's leading partner in Africa