Rome, May 20 :Announcing the elevation of India-Italy ties to a ‘Special Strategic Partnership’, Prime Minister Narendra Modi on Wednesday said that India-Italy Joint Strategic Action Plan 2025-2029 provides a practical and forward-looking framework for enhancing bilateral ties.
Addressing a joint press meet with his Italian counterpart Giorgia Meloni following their talks in Rome on Wednesday, PM Modi stated that the bilateral trade between India and Italy is progressing towards the target of 20 billion Euros with more than 800 Italian companies actively contributing to India’s growth story.
“I am happy to announce that we are upgrading our relations to a Special Strategic Partnership. In today’s meeting, we discussed in detail ways to further strengthen our partnership.
The India-Italy Joint Strategic Action Plan 2025-2029 provides our partnership with a practical and forward-looking framework.
We are moving forward on this in a time-bound manner,” he said. He also expressed his gratitude to Italian PM for the warm welcome.
“Rome is known as the ‘Eternal City’ in the world. My Lok Sabha constituency in India, Kashi, is also known as Eternal city in India. When two civilisations meet, then discussions are not limited to an agenda, but the depth of history, a glimpse of the future and the simplicity of friendship can be seen in it.”
PM Modi noted that the ties between India and Italy have gained new momentum, direction and confidence under the leadership of PM Giorgia Meloni.
“In the last 3.5 years, I got an opportunity to meet PM Meloni many times. This shows close cooperation and coordination between India and Italy.
Under her leadership, our relations have gained new momentum, new direction, and new confidence,” PM Modi said. He stated that the close cooperation between India and Italy in defence and security showcases “deep mutual trust” between two nations.
Cooperation is also increasing between the defence industries of India and Italy. “Our Defence Industrial Roadmap has paved the way for co-development and co-production.
As maritime powers, close cooperation in the field of connectivity between India and Italy is natural. We will work together on shipping, ports modernisation, logistics and blue economy.”
PM Modi said that the shared initiative of India and Italy against terror financing has presented an important example before the world.
“India and Italy agree that terrorism is a serious challenge to humanity. Our shared initiative against terror financing has presented an important example before the entire world.
India and Italy have given this clear message that responsible democracies do not merely condemn terrorism, but also take concrete steps to dismantle its financial networks.”
He announced that two nations will move forward on the principle of design and develop in India and Italy and deliver for the world.
“Italy is renowned worldwide for design and precision. India’s identity is that of a powerhouse of scale, talent, and affordable innovation.
Therefore, we will move forward on the principle of Design and Develop in India and Italy and Deliver for the World.” –
IANS
