Key Takeaways
- India – Italy relations moving closer as both countries foreign ministers meet at New Delhi and discuss global issues like Ukraine war, energy sector , G – 20 summit.
- The India – Italy relation meeting was held on the sidelines of the Nordic Summit and the Indian Prime Minister visited bilateral talks with Nordic countries and France that shows India – Europe relations are getting better.
- The India – Italy relation meeting also discussed concerns on the ongoing humanitarian crisis and called for an immediate cessation of hostilities.
- They also underlined the importance of safeguarding the international order based on the UN Charter, with special regard to the respect of sovereignty and territorial integrity.
- The Ministers discussed implementing the “India-Italy Strategic Partnership on Energy Transition” announced last year during the Prime Minister’s visit to Italy for the G-20 meeting, and also discussed cooperating at multilateral organisations, including the G-20.
- They agreed to explore partnerships in areas such as gas transportation, green hydrogen, bio fuels and energy storage. In addition, they agreed to jointly organise an India – Italy Tech Summit on Energy Transition and Circular Economy, to be held in Delhi on November 17, 2022,”.
Analysis of India – Italy Relation
- India – Italy relation traces its roots about 2000 years ago but modern bilateral relation evolved by establishing bilateral relation by 1947.
Areas of Cooperation in India – Italy Relation
- Historical Relation
- For almost 2000 years, people from these two ancient civilizations have known, communicated, and traded with one another. In the spice trade, Italian port cities were key commercial posts.
- During his journeys to the east in the 13th century, Venetian trader Marco Polo visited India and wrote about his experiences.
- During World War II, Indian troops serving with the British Indian Army were stationed in Italy. The Rajputana Rifles and the Gurkha Rifles were among them.
- In Somaliland and Abyssinia, the 10th Indian Division took part in the East African Allied War against the Italians.
- Political Relation
- Economic Relations
- Italy is India’s fifth largest trading partner among EU nations.
- The petrochemical, plastic, textile, and steel industries propel Indian exports to Italy. Italy’s exports to India account for 1% of the country’s total imports.
- Italy is the 27th largest global supplier to India, and the 10th largest market for Indian exports.
- Between April 2000 and June 2018, Italy’s investment in India totaled slightly less than $3 billion.
- Ready-made clothes, leather, iron ore, motor cars, textiles, chemicals, gems and jewellery are the most common Indian exports to Italy.
- General and special purpose machinery, machine tools, metallurgical materials, and engineering items are the most common imports from Italy.
- Trade
- India – Italy has free trade agreement and Annual turnover is around $8 billion USD, with roughly $1 billion USD going to India.
- Defence Relation
- In 2018, the Joint Defence Committee was formed to improve and foster “organised engagement” between Indian and Italian defence companies.
- Italy backed India’s “intensified engagement” with nonproliferation regimes such as the Wassenaar Arrangement, the Australia Group, and the Nuclear Suppliers’ Group (NSG), which bolster global nonproliferation efforts.
- Support against anti terror operation.
- Exercise – Maritime Partnership Exercise , PASSEX
- Science and Tech Relation
- Since 1978, there has been a Science and Technology Cooperation Agreement.
- The agreement calls for three annual action plans, with a total of thirty partnered research projects possible.
- Electronics, biotechnology, design engineering, automotive technologies, energy, and other fields of cooperative study are among the most important.
- Cultural Relations
- After the United Kingdom and the Netherlands, Italy has the third largest Indian community in the European Union, with an estimated 1,80,000 people.
- In 1976, a cultural cooperation agreement was struck.
- It comprises the Italy-India Cultural Exchange Program (CEP), which involves student exchanges in language programmes and other academic courses.
- Similar religion in both region that Christanity
Significance of India – Italy relation
Issues in India – Italy relation
- Lower trade between both countries is a irritant in India – Italy relation.
- The Enrica Lexie Case — In 2012, two Indian fishermen were killed by Italian marines. The incident was a huge blunder, and the tragedy immediately became politicized.
- Italy’s current political instability – the country is in a hazardous position – with a nationalist, naturalist, near-fascist on one side and a populist movement on the other.
Way Forward
- Timely bilateral talks for boosting bilateral trade
- Business to business cooperation .
- Use of soft power like Christianity
Pic Courtesy : Times of India , Frontline – The Hindu, Indian Express
Content Source : The Hindu