India, Italy Sign Six Agreements To Boost Trade, Economy

Six Agreements

Overcoming the freeze in ties on the marines issue for over five years, India and Italy on Monday agreed to boost economic ties from the current bilateral trade level of $8.8 billion as the two sides signed six agreements, including on mutual investments and energy, following delegation-level talks headed by Indian Prime Minister Narendra Modi and his Italian counterpart Paolo Gentiloni in New Delhi.

“India and Italy are two large economies of the world and there is a lot of scope to boost our commercial cooperation,” Modi said in a joint address to the media following talks with Gentiloni, the first Italian Prime Minister to visit India in 10 years.

“There is immense potential to increase our bilateral trade from the current levels of $8.8 billion,” he said. Read More…

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