India, Italy explore industrial collaboration

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Synopsis

The two Ministers also reiterated their commitment to closely work in countering common challenges related to terrorism, violent extremism and cyber-crime. This is Di Maio’s first official visit to India.

Agencies
In the context of recent geopolitical developments, they also exchanged views on regional and global issues of mutual interests including Ukraine, Afghanistan and Indo-Pacific and cooperation in multilateral forum including G20, officials said.

India and Italy Friday explored potential for a closer industrial collaboration, including in the field of defence. The issue was a key item agenda when Foreign Minister of Italy Luigi Di Maio met his Indian counterpart S Jaishankar here on Friday.

The two Ministers also reiterated their commitment to closely work in countering common challenges related to terrorism, violent extremism and cyber-crime. This is Di Maio’s first official visit to India.

The Ministers reviewed the full spectrum of bilateral relations including the progress in implementation of the 2020-2024 Action Plan adopted at the Virtual Summit in November 2020. They welcomed the growing bilateral trade and investment linkages and agreed to expand them in new areas of common interest. The 2020 India-Italy Summit decided to focus on widening defence partnership including manufacturing and Rome wants to invest in this sector in India.

The two Ministers also discussed the implementation of the India-Italy Strategic Partnership on Energy Transition announced last year during Prime Minister’s visit to Italy and agreed to explore partnerships in areas such as gas transportation, green hydrogen, bio fuels and energy storage. In addition, they agreed to jointly organize an India – Italy Tech Summit on Energy Transition and Circular Economy, to be held in Delhi on November 17, 2022.

In the context of recent geopolitical developments, they also exchanged views on regional and global issues of mutual interests including Ukraine, Afghanistan and Indo-Pacific and cooperation in multilateral forum including G20, officials said.

On Ukraine, the two Ministers expressed their concern on the ongoing humanitarian crisis and called for an immediate cessation of hostilities. They also underlined the importance to safeguard the international order based on the UN Charter, with special regard to the respect of sovereignty and territorial integrity, according to a joint press release. Interestingly, the joint press release did not have unilateral condemnation of Russian actions in Ukraine by Italy.

During the visit, Di Maio also had a meeting with Commerce and Industry Minister Piyush Goyal and co-chaired a business round-table which saw participation of top business leaders particularly in the energy, defence, sustainable mobility, and infrastructure sectors.

Earlier during his visit, Di Maio visited Bengaluru on Thursday, where he met Chief Minister of Karnataka Basavaraj Bommai and inaugurated the premises of the new Consulate General of the Italian Republic.

Di Maio also visited the Indian Space Research Organisation and the Indian Institute of Science along with their Italian counterparts, the Italian Space Agency and Elettra Sinctrotrone Trieste, with which scientific partnerships and joint projects are being developed.

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