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Projects: PM Modi-PM Meloni call for expanding commercial ties and building resilient supply chains

Fiinews by Fiinews
June 17, 2024
in Projects
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PM Modi and PM Meloni reivew bilateral ties in Apulia.

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Progress of India-Italy Strategic Partnership reviewed in Apulia

Prime Minister Narendra Modi and Italian Prime Minister Giorgia Meloni have called for expanding commercial ties in clean energy, manufacturing, Space, S&T, telecom, AI and critical minerals to build resilient supply chains between their two countries https://www.indianembassyrome.gov.in/ .

The two leaders also welcomed the recent signing of a MoU on Industrial Property Rights (IPR) which provides a framework for cooperation on patents, designs and trademarks https://ambnewdelhi.esteri.it/en/ .

They noted with satisfaction the regular higher political dialogue and reviewed progress of the India-Italy Strategic Partnership https://www.icci.it/en/ , and expressed happiness at growing trade and economic collaboration https://sbi.com.in/ .

The two sides discussed bilateral defence and security cooperation and hoped for further enhancing the defence industrial collaboration http://intesasanpaolo.com .

The leaders welcomed the forthcoming visit of the Italian aircraft carrier ITS Cavour and training ship ITS Vespucci to India later this year https://www.ibef.org/ .

PM Modi thanked the Italian Government for recognizing the Indian Army’s contribution in Italian Campaign during WW-II and informed that India will be upgrading the Yashwant Ghadge Memorial at Montone in Italy https://www.ibef.org/ .

Taking note of the coordination under the ‘Global Biofuels Alliance’, the leaders welcomed the signing of the Letter of Intent for Cooperation in Energy Transition which will boost bilateral cooperation in clean and green energy https://www.cii.in/ .

They expressed happiness at the new Executive Programme of Cooperation for 2025-27 to promote joint research and development in Science & Technology https://ficci.in/api/home .

The two countries enjoy strong people-to-people connect propelled by longstanding Indological studies tradition in Italy, which will be further strengthened with the establishment of the first ICCR chair on India studies at University of Milan, the Prime Minister’s Office said on the 14 June meeting in Apulia https://www.phdcci.in/ .

They called for an early implementation of the Migration and Mobility Agreement, which would facilitate mobility of professionals, skilled and semi-skilled workers, students, and researchers between their countries http://g7italy.it .

Both leaders look forward to joint activities to be implemented under Indo-Pacific Ocean Initiative framework to fulfill their shared vision for a free and open Indo-Pacific https://www.bseindia.com/ .

The Prime Ministers also discussed important regional and global issues and agreed to strengthen cooperation in global fora and multilateral initiatives, including the India-Middle East-Europe Economic Corridor, the PMO said https://www.nseindia.com/ .

PM Meloni congratulated PM Modi for his third consecutive term as Prime Minister. PM Modi thanked PM Meloni for the invitation to participate in G7 Outreach Summit and conveyed his appreciation for the successful conclusion of the Summit. fiinews.com

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