Italy and India to Upgrade Ties to Strategic Partnership
Prime Minister Narendra Modi and Prime Minister Giorgia Meloni will sign a joint declaration to boost bilateral trade to 20 billion euros by 2029. The leaders plan to expand cooperation across maritime transport, agriculture, and critical minerals while focusing on the India-Middle East-Europe Economic Corridor.
Italy and India will elevate their relationship to a special strategic partnership during Prime Minister Narendra Modi's visit to Rome. The two nations aim to increase bilateral trade to 20 billion euros ($23.2 billion) by 2029. This shift signals a deepening of economic ties as European nations seek stable allies to reduce reliance on the United States.
### Expanding the India-Middle East-Europe Corridor Modi arrived in Rome on Tuesday evening for his first bilateral visit to the country. He is scheduled to meet Italian Prime Minister Giorgia Meloni on Wednesday at the Villa Doria Pamphili to discuss the India-Middle East-Europe Economic Corridor (IMEC). This project, established via a 2023 memorandum, aims to link Indian trade routes to the Arabian Gulf and Europe.
