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 minister visits Bahrain to boost ties

Next Story

Saudi to use $80bn in Aramco shares for green projects

Latest from -Top News

Modi Eyes Trade Deals in Maldives

PM Modi will arrive in Maldives on July 25 which would be the second and final leg of his two-nation visit, following the visit to the United Kingdom, starting Wednesday….reports Asian Lite

Russia Strikes Back at EU

The Council of the European Union approved the 17th and 18th packages of sanctions on Russia on May 20 and July 18…reports Asian Lite News Russia has significantly expanded its entry ban

PM Modi Due in UK

PM Modi’s visit to the UK, scheduled for July 23–24, comes at the invitation of British counterpart Keir Starmer and will be his fourth trip to the country….reports Asian Lite News Prime

Victory First, Then Peace?

Katz stressed the importance of meeting the war’s goals as set, primarily the return of all Israeli hostages and the surrender of Hamas….reports Asian Lite News Israeli Defence Minister Israel Katz said

US Brings Up Old Claim, India Pushes Back

US Raises Trump’s India-Pakistan Claim at UN; India Reaffirms Bilateral Stand…reports Asian Lite News The US brought President Trump’s May claim of resolving the India-Pakistan conflict to the Security Council, but New
Go toTop

Don't Miss

Hijab row: HC directs counsels to finish arguments by this week

Wearing of dress is a freedom of speech, as argued

Covid curbs hit housing sector: Economic Survey

The Survey said that amidst initial Covid-19 restrictions, not only