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As of December 2012, Italy had an accumulated investment of €3.75 billion in India, or 9% of the total European Union FDI in India. [16] Indian investment in Italy grew from €584 million in 2004 to €10 billion in 2011. Italy accounted for 2.3% of India's total investment in the European Union. [16]
In 2004, India and European Union became "Strategic Partners". A Joint Action Plan was agreed upon in 2005 and updated in 2008. India-EU Joint Statements was published in 2009 and 2012 following the India-European Union Summits. [7] EU-India relationship [8] has been qualified as high on rhetoric [9] and low on substance. [10] [11] [12]
See India–Italy relations. Both countries established diplomatic relations on 25 March 1948. [280] India has an embassy in Rome. [281] and a consulate-general in Milan; Italy has an embassy in New Delhi. [282] and a consulate-general in Mumbai [283] and Kolkata; In 2012, relations deteriorated following the Enrica Lexie Case
The U.S., EU, and India must urgently come together in a free trade agreement on clean energy, says the CEO of one of India’s largest renewables companies Sumant Sinha Updated October 11, 2024 ...
ROME (Reuters) -Italy could use its veto to prevent the adoption of the European Union's new fiscal rules if the outcome of negotiations among partners does not meet its demands, Prime Minister ...
India's extensive contribution to the War on Terror, coupled with a surge in its economy, has helped India's diplomatic relations with several countries. Over the past three years, India has held numerous joint military exercises with US and European nations that have resulted in a strengthened US-India and EU-India bilateral relationship ...
EU's G6 - France, Germany, Italy, Poland, Spain, and the United Kingdom - countries with largest populations and thus the majority of votes in the Council of the European Union Group of Seven (G7): Canada, France, Germany, Italy, Japan, the United Kingdom, the United States, the seven major advanced economies as reported by the International ...
The European Union has concluded free trade agreements (FTAs) [1] and other agreements with a trade component with many countries worldwide and is negotiating with many others. [2] The European Union negotiates free trade deals on behalf of all of its member states, as the member states have granted the EU has an "exclusive competence" to ...