NEWS – India, Italy unveil five-year strategic action plan

HIGHLIGHTS

• Duration: 2025-2029.
• Focus Areas: Strengthening ties in ten key sectors including defense, trade, clean energy, and connectivity.

Key Areas of Collaboration

1. Economic Cooperation and Investments
   • Enhancing trade partnerships.
   • Promoting bilateral investments for mutual growth.
2. Energy Transition
   • Joint initiatives in renewable and clean energy.
   • Focus on sustainable energy solutions.
3. Space Collaboration
   • Cooperation in space exploration and technology.
   • Developing joint programs in space research.
4. Defense and Security
   • Strengthening defense ties.
   • Collaborative efforts to ensure regional and global security.
5. Migration and Mobility
   • Facilitating easier movement of people between India and Italy.
   • Addressing migration-related challenges.
6. People-to-People Exchanges
   • Enhancing cultural, educational, and tourism ties.
   • Promoting mutual understanding and shared heritage.
7. Global Cooperation
   • Working together on multilateral platforms.
   • Supporting shared democratic values, rule of law, and sustainable development.

Significance of the Plan

• Strengthening Bilateral Ties: Builds on the five meetings between Modi and Meloni over two years.
• Advancing Shared Goals: Addresses global issues and promotes sustainable development.
• Strategic Vision: Aims to enhance India-Italy collaboration across diverse sectors.