July 10, 2021
1 min read

India, Italy to deepen ties in railways, textile

The progress on the outcomes of the India-EU leaders Summit in Porto, Portugal was also reviewed…reports Asian Lite News.

To facilitate trade and investment, India and Italy on Friday discussed issues related to market access and non-tariff barriers. This development took place during the 21st session of Joint Commission for Economic Cooperation between India and Italy.

Piyush Goyal, Commerce and Industry Minister and Luigi Di Maio, Minister of Foreign Affairs and International Cooperation of Italy co-chaired the Session.

The two sides also held extensive discussion in the areas of food processing, textiles, leather, railways, start-ups and promotion of SMEs which play a crucial role in economic growth and employment generation.

The progress on the outcomes of the India-EU leaders Summit in Porto, Portugal was also reviewed.

Indian side also raised the issues of Mutual recognition of COWIN Vaccine Certificate and opening up of Travel restrictions, longer duration of Business Visas and Portability of social security benefits of Indians working in Italy.

Following the India-Italy JCEC G2G Meeting, a G2B Session focusing on Energy partnership was held virtually in the presence of the two Ministers.

During the meeting, three Indian companies (Indian Oil Corporation, Adani Solar, ReNew Power) and 3 Italian companies (Enel Green Power, Snam, Maire Tecnimont) made presentations focusing on the areas of green economy, clean technology and promotion of use of renewable energy for grid-based multi-energy systems.

During the Session, both the Ministers reiterated the vision laid down by the Prime Ministers of India and Italy, under the Plan of Action adopted on November 6, 2020, to promote energy transition, leveraging technology and climate partnerships.

They underscored the pioneering role played by India and Italy at the multilateral fora as early adopters of ambitious clean energy targets and invited the private and public sectors of both countries to explore synergies to further enhance mutual energy capacities. (India News Network)

ALSO READ-Indian Boxers Set To Train in Italy

READ MORE-Indian Embassy In Italy vandalised by pro-Khalistani supporters: Report

Previous Story

Modi speaks to new Vietnam PM, reviews bilateral ties

Next Story

Copa America: Messi ends title drought with Argentina

Previous Story

Modi speaks to new Vietnam PM, reviews bilateral ties

Next Story

Copa America: Messi ends title drought with Argentina

Latest from -Top News

Pay Up, India Tells UN Members

India has urged all UN member states to pay their assessed contributions in full and on time, highlighting its own record of prompt payments….reports Asian Lite News Desk India has urged all

India-UAE Trade Ties in Focus

India and the UAE have discussed expanding bilateral trade, investment and business partnerships amid broader economic cooperation…reports Asian Lite News Desk India and the United Arab Emirates (UAE) discussed ways to further

India’s Diversity Gives Global Edge

British Indian businessman Karan Bilimoria has highlighted India’s diversity and demography as major strengths in the global economy…reports Asian Lite News Desk India’s diversity, demographic strength and expanding creative economy give the
Go toTop

Don't Miss

Japanese PM to visit India on March 20

India has also emerged as a key nation of the

IAF Airlifts 104 Indians from Cyclone Ditwah-Hit Sri Lanka

Alongside the evacuations, India has also intensified rescue and relief