{"id":43559,"date":"2024-11-20T02:28:27","date_gmt":"2024-11-19T20:58:27","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=43559"},"modified":"2025-05-06T03:40:21","modified_gmt":"2025-05-05T22:10:21","slug":"italy-india-joint-strategic-action-plan-2025-2029","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/italy-india-joint-strategic-action-plan-2025-2029\/","title":{"rendered":"Italy-India Joint Strategic Action Plan 2025-2029: A Vision for Strategic Partnership"},"content":{"rendered":"<h2><strong>What\u2019s in today\u2019s article?<\/strong><\/h2>\n<ul>\n<li>Why in News?<\/li>\n<li>India-Italy bilateral relation<\/li>\n<li>Key Highlights of Italy-India Joint Strategic Action Plan 2025-2029<\/li>\n<\/ul>\n<h2><strong>Why in News?<\/strong><\/h2>\n<p>India and Italy outlined their vision for deepening bilateral cooperation in the <strong>Joint Strategic Action Plan 2025-29<\/strong>. The document covers various key sectors, including defence, trade, energy and space.<\/p>\n<p>This Action Plan was issued after a meeting between PM Modi and his Italian counterpart Giorgia Meloni on the sidelines of G20 summit in Brazil.<\/p>\n<h2><strong>India-Italy bilateral relation<\/strong><\/h2>\n<ul>\n<li><strong>Political Relation<\/strong>\n<ul>\n<li>Political relations between India and Italy were established in 1947.<\/li>\n<li>In November 2020, during a Virtual Summit between PMs of India and Italy, <strong>2020-2025 Action Plan was adopted<\/strong>.<\/li>\n<li>PM Modi paid his first official visit to Italy in October 2021 to attend the <a href=\"https:\/\/vajiramandravi.com\/quest-upsc-notes\/g20\/\" target=\"_blank\">G20 Summit<\/a>.<\/li>\n<li>During this visit, a Joint Statement announcing a <strong>Strategic Partnership on Energy Transition<\/strong> was issued.<\/li>\n<li>In March 2023, PM of Italy, Giorgia Meloni, paid a State visit to India. She was also the Chief Guest and Keynote Speaker at the 8th Raisina Dialogue, 2023.\n<ul>\n<li>During this visit, India and Italy announced the elevation of the bilateral relationship to the level of <strong>strategic partnership<\/strong>.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<li><strong>Economic Relation<\/strong>\n<ul>\n<li><strong>In 2023<\/strong>, bilateral trade between India and Italy amounted to \u20ac14.34 billion.\u00a0\n<ul>\n<li>India&#8217;s exports to Italy were \u20ac9.16 billion, while imports from Italy stood at \u20ac5.18 billion, resulting in a trade surplus of \u20ac3.98 billion in India\u2019s favor.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Italy is India&#8217;s 4th largest trading partner in EU<\/strong>, after Germany, Belgium and the Netherlands.\u00a0<\/li>\n<li><strong>Italy is the 18th largest foreign investor in India<\/strong> with a cumulative FDI inflow of USD 3.53 billion from January 2000 to December 2023.\n<ul>\n<li>Indian investment in Italy is estimated around USD 400 mn.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<li><strong>Defence<\/strong>\n<ul>\n<li>India has a huge &#8220;footprint&#8221; on Italian soil because of the supreme sacrifice made by Indian Soldiers during the Second world war and for the sake of freedom in Italy.\u00a0\n<ul>\n<li>By 1945, a total of 5782 Indian soldiers died in Italy with as many as six of them receiving the VICTORIA CROSS.<\/li>\n<\/ul>\n<\/li>\n<li>In February 2023, Italy deployed an official from its Embassy to the Information Fusion Center \u2013 Indian Ocean Region (IFC-IOR) to strengthen maritime security and support anti-piracy efforts in the Indian Ocean Region.<\/li>\n<li>India and Italy are also exploring joint productions in defence and aerospace sectors as well as technology transfers.<\/li>\n<li>India and Italy also have a <strong>Joint Working Group on Counter Terrorism<\/strong>.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Energy cooperation<\/strong>\n<ul>\n<li>In 2021, the two countries inked a Strategic Partnership on Energy Transition to advance collaboration on areas like green hydrogen and bio-fuels.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Cooperation in Science and Technology<\/strong>\n<ul>\n<li>The first India-Italy Innovation Day was held virtually on 14th July 2021. Since then, both the countries are celebrating this event every year.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Indian Community<\/strong>\n<ul>\n<li>The Indian community in Italy (estimated at 180,000 including PIOs) is the third largest community of Indians in Europe after UK and the Netherlands.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h2><strong>Key Highlights of Italy-India Joint Strategic Action Plan 2025-2029<\/strong><\/h2>\n<ul>\n<li><strong>Political Dialogue<\/strong>\n<ul>\n<li>Regular meetings between Heads of Government, Foreign, Trade, and Defence Ministers.<\/li>\n<li>Annual bilateral consultations between the two Foreign Ministries.<\/li>\n<li>Intensify ministerial-level meetings to enhance sectoral cooperation.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Economic Cooperation and Investments<\/strong>\n<ul>\n<li>Strengthen bilateral trade, investment, and joint ventures in high-potential sectors (e.g., green technologies, sustainable mobility, food processing, semiconductors).<\/li>\n<li>Promote trade fairs, business forums, and industrial partnerships.<\/li>\n<li>Advance collaboration in automotive, infrastructure, and advanced manufacturing.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Connectivity<\/strong>\n<ul>\n<li>Collaborate on sustainable transport and climate action.<\/li>\n<li>Enhance maritime and land infrastructure cooperation, including the India-Middle East-Europe Economic Corridor.<\/li>\n<li>Finalize a maritime and port cooperation agreement.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Science, Technology, IT, Innovation, and Start-ups<\/strong>\n<ul>\n<li>Expand partnerships in critical technologies like AI, telecom, and digital services.<\/li>\n<li>Explore Industry 4.0, clean energy, and critical minerals initiatives involving academia and SMEs.<\/li>\n<li>Enhance STEM research collaborations, scholarships, and joint projects.<\/li>\n<li>Launch the Indo-Italian Innovation and Incubation Exchange Programme.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Space Sector<\/strong>\n<ul>\n<li>Expand ASI-ISRO collaboration on Earth observation, heliophysics, and lunar exploration.<\/li>\n<li>Promote peaceful outer space usage and commercial space partnerships.<\/li>\n<li>Organize an Italian space delegation visit to India by mid-2025.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Energy Transition<\/strong>\n<ul>\n<li>Organize &#8220;Tech Summits&#8221; to foster industrial partnerships.<\/li>\n<li>Collaborate on green hydrogen, biofuels, and renewable energy solutions.<\/li>\n<li>Support the Global Biofuels Alliance and International Solar Alliance.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Defence Cooperation<\/strong>\n<ul>\n<li>Hold annual Joint Defence Consultative meetings and Joint Staff Talks.<\/li>\n<li>Enhance interoperability and cooperation in the Indo-Pacific.<\/li>\n<li>Develop a Defence Industrial Roadmap and MoU between SIDM and AIAD.<\/li>\n<li>Focus on maritime cooperation and defence research.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Security Cooperation<\/strong>\n<ul>\n<li>Enhance cybersecurity, counterterrorism, and capacity-building efforts.<\/li>\n<li>Hold yearly Joint Working Group meetings on international terrorism and crime.<\/li>\n<li>Share best practices and conclude agreements on classified information protection.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Migration and Mobility<\/strong>\n<ul>\n<li>Promote safe migration channels and labour training, with a pilot project for health professionals.<\/li>\n<li>Enhance student, researcher, and academic mobility.<\/li>\n<li>Counter irregular migration effectively.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Culture, Academia, Cinema, and Tourism<\/strong>\n<ul>\n<li>Foster exchanges between universities and technical education institutions.<\/li>\n<li>Collaborate on exhibitions, heritage preservation, and restoration projects.<\/li>\n<li>Promote film co-productions and enhance tourism.<\/li>\n<li>Strengthen cultural bonds and implement the 2023 Executive Programme of Cultural Cooperation.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<hr \/>\n<h3><strong>Q.1. What are the key areas of focus in the Italy-India Joint Strategic Action Plan 2025-2029?<\/strong><\/h3>\n<p>The action plan emphasizes cooperation in defence, trade, renewable energy, space, and technology, alongside cultural and academic exchanges to deepen bilateral ties and drive sustainable growth.<\/p>\n<h3><strong>Q.2. How does the action plan strengthen economic ties between India and Italy?<\/strong><\/h3>\n<p>It promotes trade, joint ventures, and investments in green technologies, infrastructure, and advanced manufacturing, supported by industrial partnerships and regular trade forums.<\/p>\n<p><strong>News:<\/strong> <a href=\"https:\/\/indianexpress.com\/article\/india\/defence-to-space-india-italy-announce-5-year-action-plan-9678592\/\" target=\"_blank\" rel=\"nofollow noopener\">Defence to space, India &amp; Italy announce 5-year action plan<\/a> | <a href=\"https:\/\/www.mea.gov.in\/bilateral-documents.htm?dtl\/38541\" target=\"_blank\" rel=\"nofollow noopener\">MEA<\/a> | <a href=\"https:\/\/www.indianembassyrome.gov.in\/page\/india-italy-political-relations\/\" target=\"_blank\" rel=\"nofollow noopener\">Embassy of India in Rome<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Explore the Italy-India Joint Strategic Action Plan 2025-2029, focusing on bilateral cooperation in defence, trade, energy, technology, and culture. Strengthening ties for a sustainable and prosperous future.<\/p>\n","protected":false},"author":5,"featured_media":43560,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[18],"tags":[],"class_list":{"0":"post-43559","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-mains-current-affairs","8":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/43559","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=43559"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/43559\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/43560"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=43559"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=43559"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=43559"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}