Textiles, garments and leather goods included in India-Italy plans for stronger commercial links
10/11/2006
Greater efforts to boost bilateral trade and investment were agreed at the recent session of the India-Italy Joint Commission for Economic Cooperation, with both countries agreeing to focus on building stronger commercial links in sectors including textiles, garments and leather goods.
Shri Kamal Nath, Minister of Commerce and Industry, who was on an official visit to Italy from 5-8 November 2006, called on the President of Italy, Mr. Giorgio Napolitano, on Tuesday, in Rome. The Italian Minister for International Trade Mrs. Emma Bonino and the President of the Confederation of Italian Industry (Confindustria) Mr. Luca Cordeo di Montezemolo were present at the meeting. 10 CEOs of top Indian companies were also present at the meeting.
President Napolitano spoke of bilateral relations that are extremely warm. Shri Kamal Nath briefed the Italian Head of State about the positive economic scenario inIndia and opportunities for deepening bilateral economic engagement between India and Italy . The scope for investments in small- and medium-size enterprises (SMEs) was specially emphasised.
Meanwhile, in a major initiative, the 17th session of the India-Italy Joint Commission for Economic Cooperation, co-chaired by Shri Kamal Nath and his Italian counterpart Ms. Bonino on Monday, 6th November, agreed to focus efforts at building stronger commercial links in the textile, clothing, leather goods, auto components, gems & jewellery sectors, combining Italian strengths in design and technology with India’s manufacturing competencies and human resource skills.
President Napolitano spoke of bilateral relations that are extremely warm. Shri Kamal Nath briefed the Italian Head of State about the positive economic scenario in
Meanwhile, in a major initiative, the 17th session of the India-Italy Joint Commission for Economic Cooperation, co-chaired by Shri Kamal Nath and his Italian counterpart Ms. Bonino on Monday, 6th November, agreed to focus efforts at building stronger commercial links in the textile, clothing, leather goods, auto components, gems & jewellery sectors, combining Italian strengths in design and technology with India’s manufacturing competencies and human resource skills.