February 15, 2022
1 min read

India, Italy review bilateral trade

They reviewed their cooperation in the political, trade & economic, defence, science & technology, energy, health, consular and cultural spheres….reports Asian Lite News

The eighth session of the India-Italy Foreign Office Consultations were held on Monday in Rome where both sides reviewed the entire gamut of bilateral relations.

The Indian delegation was led by Reenat Sandhu, Secretary (West), Ministry of External Affairs and the Italian delegation was led by Luca Sabbatucci, Director General for Global Affairs in Ministry of Foreign Affairs. The last FOC was held in 2019 in New Delhi.

Taking to Twitter, MEA spokesperson Arindam Bagchi said, “8th India-Italy FOC held in Rome on 14 Feb.Led by Secy West @reenat_sandhu & DG Luca Sabbatucci @ItalyMFA_int, the two sides discussed strengthening cooperation in energy transition, trade & investment, health, S&T, start ups & innovation, infrastructure and the Indo-Pacific.”

They reviewed their cooperation in the political, trade & economic, defence, science & technology, energy, health, consular and cultural spheres. Furthermore, they expressed satisfaction at the renewed momentum in bilateral relations thanks to regular high-level exchanges and shared commitment of both sides to further intensify cooperation in a wide range of areas.

Moreover, they took stock of the progress in implementation of the Plan of Action agreed during the virtual summit in November 2020 and welcomed the Strategic Partnership on Energy Transition launched by the two Prime Ministers in October 2021 which offers fresh opportunities for deepening our multi-faceted ties.

The two sides also discussed India-EU relations and agreed on the need to commence negotiations on the India-EU Free Trade and Investment Agreements at the earliest. India welcomed Italy’s interest in the implementation of the EU’s Indo-Pacific guidelines and the India-EU connectivity partnership.

Discussions also covered regional and global issues of mutual interest, including multilateral cooperation at various international fora. Both sides reaffirmed their commitment to enhancing consultation and cooperation bilaterally and in the regional and multilateral contexts.

Both sides agreed to hold the next consultations at a mutually convenient date in New Delhi. (ANI)

ALSO READ: India non-commital on funding curbs on British NGOs

Previous Story

UK raises FCRA registration refusal to Oxfam with India

Next Story

Eyebrows raised over Bajwa’s ‘busy’ schedule

Latest from -Top News

‘Kill and Dump’ Haunts Balochistan Again

The latest killings have reignited accusations of extrajudicial executions and the use of counterterrorism laws to cover up custodial deaths in Balochistan….reports Asian Lite News Concerns have deepened across Balochistan following the

‘ASEAN Expands, But Keeps Its Soul’

Malaysian Foreign Minister Mohamad Hasan urged ASEAN to uphold its unity and strategic resolve amid intensifying geopolitical tensions and mounting external pressures…reports Asian Lite News Consensus and inclusivity will remain the cornerstones

Bangladesh bends to beat Trump’s blow

Dhaka seeks compromise as Trump’s 35% tariff looms large over key exports; Washington urges worker protections, factory relocation to US…reports Asian Lite News Bangladesh has opened the second round of critical trade

China seethes as US lands F-35s in PH

As US F-35 jets land in the Philippines for the first time, Manila cements its frontline role in Washington’s power play against rising China….reports Asian Lite News The Philippines is rapidly cementing
Go toTop

Don't Miss

Govt proposes key changes to Cinematograph Act

Chandra expressed that the basic objective is NFDC should become

Indian-American gets key job in Biden’s economic team

Born in Massachusetts, Ramamurti, who hails from Tamil Nadu, is