Italy's Minister for Business and 'Made in Italy', Adolfo Urso, has highlighted Italy's potential as a strategic entry point for India to enter the European market.
He emphasized the need to strengthen bilateral trade, which currently stands at USD 14 billion per year.
Urso also mentioned the mutual benefits of this partnership, suggesting that India could serve as a gateway for Italy to access the Asian market.
He emphasized the importance of enhancing communication and trade ties between the two countries due to recent geopolitical developments.
Urso stated that India presents a significant opportunity for Europe in the broader Southeast Asian region, while Italy can provide India with access to a wealthy market.
The goal of this collaboration is to strengthen economic relations and expand trade opportunities between Italy and India.