After Nirmala Sitharaman visit, Italy evinces interest in Railways, Make in India, Startup India, Digital India. The bilateral relationship between two countries is witnessing significant changes, with a large Italian business delegation visiting India in the last week of April and commerce minister Nirmala Sitharaman just concluding her trip to Rome.
The bilateral relationship between India and Italy is witnessing significant changes, with a large Italian business delegation visiting India in the last week of April and commerce minister Nirmala Sitharaman just concluding her trip to Rome.
Sitharaman, accompanied by senior officials from the Department of Commerce and DIPP, had gone to Rome to participate in the 19th Joint Commission for Economic Cooperation (JCEC) from May 10-12, which happened after a gap of eight years. The minister had held discussions with her counterpart Carlo Calenda and both sides vowed to improve the bilateral relationship including trade and commerce.
Italy will soon provide India a draft action plan containing business and investment proposals. The previous JCEC meeting with Italy was held in New Delhi in 2009. The visit by Sitharaman immediately after the Italian business delegation visited India signifies New Delhi’s intent to revive the relationship stalled due to the marine issue.