Relationship Between Italy and India
Italy and India have established a strategic partnership focused on trade, defense, and cultural exchange.
Italy ranks as the sixth-largest exporter globally, with India being a significant market for Italian goods and services.
Both countries are involved in initiatives like the India-Middle East-Europe Economic Corridor (IMEC) to promote economic collaboration and stability.
Shared Interests and Challenges in the Indo-Mediterranean Region
The Indo-Mediterranean region is crucial for global trade.
Projects like the Blue-Raman submarine data cables will enhance digital connectivity between Genoa and Mumbai.
Italy and India face challenges such as piracy in the Red Sea, regional conflicts (e.g., in Gaza and Lebanon), and the effects of geopolitical tensions like Russia’s aggression against Ukraine.
Italy has increased its defense commitments in the Indian Ocean and West Asia, joining various international naval operations to safeguard maritime security.
Bilateral Defense Cooperation
A defense agreement signed in October 2023 aims to expand cooperation in research, industrial collaboration, maritime domain awareness, and environmental issues related to military activities.
Italy has increased its naval presence in India, with ships like the aircraft carrier ITS Cavour visiting Indian ports and conducting joint exercises.
Italian defense companies are engaged in partnerships with Indian firms, supporting India's "Make in India" initiative and addressing the needs of the Indian armed forces.
Historical and Cultural Connections
Italy and India share deep historical connections, with significant people-to-people interactions through trade and cultural exchanges dating back centuries.
Italy hosts the second-largest Indian diaspora in the EU, contributing to cultural integration and economic ties.
Plans for an "Italy village" in India aim to promote cultural, fashion, and culinary events, strengthening bilateral ties through cultural exchange.
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