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Italy and Turkey Strengthen Ties with $40 Billion Trade Goal and Defense Collaboration

Meloni and Erdogan finalize agreements on trade, energy, defense, and migration at Rome summit, marking a new phase in bilateral relations.

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Overview

  • Prime Minister Giorgia Meloni and President Recep Tayyip Erdogan concluded the fourth intergovernmental summit in Rome, signing over ten agreements to deepen cooperation across multiple sectors.
  • A new medium-term bilateral trade target of $40 billion was set, building on the $32.2 billion achieved in 2024, with Italy remaining Turkey’s top Mediterranean trading partner.
  • Leonardo and Turkey’s Baykar launched a joint venture in unmanned aerial systems, reflecting heightened collaboration in defense technology and innovation.
  • The leaders reinforced commitments to energy cooperation, including natural gas via the Trans Adriatic Pipeline, and explored future opportunities in renewables and hydrogen.
  • Turkey pledged to continue working with Italy on migration control, focusing on curbing irregular departures and combating human trafficking.