Piyush Goyal's two-day visit to Italy

Union Minister of Commerce and Industry Piyush Goyal was visiting Rome on 12 April 2023 on a two-day visit to Italy.

An Overview of the News:

Shri Goyal met Antonio Tajani, Deputy Prime Minister and Minister of Foreign Affairs, Government of Italy to review all aspects of bilateral trade and economic relations.
Both the Ministers exchanged views on leveraging the India-Italy trade and economic partnership for development in various sectors.
After the state visit of Italian Prime Minister Giorgia Meloni to India on 2 March 2023, efforts were made to elevate the bilateral relationship to the level of a strategic partnership.

Suggestion for formation of Joint Working Group:

Tajani suggested setting up of a joint working group in strategic areas such as space, technology, defence, agriculture etc. to keep abreast of important developments in these areas.

Bilateral trade with Italy:

Bilateral trade between India and Italy to be around US$ 16 billion in 2022.
Shri Goyal briefed about the progress made in India-EU FTA negotiations. Both the Ministers underlined the importance of a free, balanced and fair Free Trade Agreement and hoped that it would be concluded soon.

Joint Commission on Economic Cooperation (JCEC) in Rome:

The two leaders also agreed to hold the next session of the Joint Commission on Economic Cooperation (JCEC) in Rome in the last week of September 2023.

Italy:

Please Rate this article, so that we can improve the quality for you -

Date Wise Search