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India-Italy joint statement: 6 MoUs signed, counterterrorism cooperation gets boost

India-Italy joint statement: 6 MoUs signed, counterterrorism cooperation gets boost

Oct 30, 2017
07:46 pm

What's the story

PM Narendra Modi "discussed several aspects of cooperation between India and Italy" during delegation-level talks with Italian PM Paolo Gentiloni during the latter's visit to New Delhi. Modi praised the close India-Italy ties and said both countries have the potential to boost annual bilateral trade beyond $8.8 billion. He said both countries are committed to collaborating on fighting terrorism and improving cybersecurity.

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Business leaders from Italy and India discuss trade

MoUs signed

India-Italy sign 6 MoUs across various areas

The six MoUs signed between India and Italy were clubbed under the 'Partnering for Progress' and included areas such as railways, energy, and cultural cooperation. Modi and Gentiloni also said they would boost tourism and people-to-people ties between both countries. Modi said both countries would complete 70 years of diplomatic relations in March 2018 and agreed to release two commemorative stamps to celebrate this.

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Stamps unveiled to commemorate 70 years of India-Italy diplomatic ties

Improving ties

After diplomatic freeze, India-Italy ties back on track

Gentiloni commenced his two-day bilateral visit to India on October 29, making it the first such visit by an Italian PM in a decade. Diplomatic ties between India and Italy came to a near standstill after two Italian marines, Massimiliano Latorre and Salvatore Girone, shot dead two Indian fishermen off Kerala's coast in 2012. The latest joint statement indicates ties are back on track.