During the meeting, both ministers expressed happiness over the elevation of the bilateral relations to the level of strategic partnership following the recent state visit of Italy’s Prime Minister Giorgia Meloni to India, according to a press release by India’s ministry of commerce and industry.
Both ministers further expressed satisfaction with the high growth in bilateral trade between India and Italy, which has reached around $16 billion in 2022 and resolved to expand it further. Goyal briefed Tajani on the progress made on the India-EU Free Trade Agreement (FTA) negotiations. The ministers underlined the importance of achieving a free, balanced, and fair FTA and hoped that it would be concluded soon. They also agreed to the convening of the next session of the Joint Commission on Economic Cooperation (JCEC) in Rome in the last week of September 2023.
Tajani suggested strengthening the parliamentary friendship group diplomacy between the parliaments of the two countries and exploring scope for having a cyber dialogue. Goyal briefed Tajani about India’s G-20 priorities and extended an invitation to him for the G20 Trade Ministers Meeting in India in August 2023.
Goyal emphasised on enhancing bilateral cooperation in the field of clean energy to achieve sustainability to mitigate the negative impact of climate change. He stated that developed countries should make low-cost climate financing and technology available to developing countries to deal with climate change effectively.
ALCHEMPro News Desk (NB)
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