Italy and Albania relationship has been a perennial theme of debates in the Albanian foreign policy. Even though points of view may differ, there is no denial of the fact that Italy is close to Albania because of so many reasons. These include foreign direct investment, security factors, cultural links and migratory patterns. Therefore, bilateral cooperation with Italy has been a primary agenda of the post-communist Albanian governments.
Italy has been one of the main investors in a wide range of Albanian firms. In a meeting in Tirana, Italy has confirmed to be a part of thirty-five percent of Albanian trade. Italian exports have increased by 21%, whereas imports went up by 10.8% in the recent years. This indicates constant growth, leading to a gradual strengthening of investments in Italy. Furthermore, this development is affirmed by 2008 trade figures that show the first semester of Italian exports rose by 12.7% and imports by 5.5%. Simultaneously, major Italian banking groups have come into the scene acting as a stimulus to the growth of Italian investments in Albania.
Development is also seen in the infrastructure sector. In fact, Albanian government has announced its willingness to provide concessions to the foreign firms. The European Union has reserved $212.9 million for the same via its IPA.