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India-Italy ink 15 agreements to boost bilateral corporation

Updated: Nov 07, 2020 07:30:52am
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India-Italy ink 15 agreements to boost bilateral corporation

New Delhi, Nov 7 (KNN) Prime Minister Narendra Modi and Prime Minister of Italy Prof. Giuseppe Conte signed 15 MoUs/agreements in a virtual summit held on 6th November, 2020.

An official statement said “A Virtual Bilateral Summit between Prime Minister Narendra Modi and Prime Minister of Italy Prof. Giuseppe Conte was held on 6th November, 2020.”

15 MoUs/Agreements in various sectors such as energy, fisheries, ship building, design etc. were signed coinciding with the Summit, it stated.

Prime Minister Modi appreciated the rapid growth in India-Italy relationship in recent past. Prime Minister Prof. Conte extended invitation to Prime Minister Modi to visit Italy as soon as conditions permit.

The summit provided an opportunity to the two leaders to comprehensively review the broad framework of the bilateral relationship. The two leaders reaffirmed their commitment to strengthen cooperation against common global challenges, including the Covid-19 pandemic, the ministry said.

The leaders discussed a wide range of issues including political, economic, scientific & technological, space and defence cooperation. On regional and international issues, both sides agreed to coordinate closely at multilateral fora especially G-20.

Italy will assume the Presidency of G-20 in December 2021 followed by India in 2022. Together, India and Italy will be part of the G20 Troika from December, 2020. India welcomed Italy’s decision to join ISA as soon as the ratification process is completed.

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