ROME: Prime Minister meets Italian Prime Minister Mario Draghi on the margins of G20 Summit in Rome

ROME: Prime
Minister Shri Narendra Modi met the Prime Minister of Italy, H.E. Mr. Mario
Draghi in Italy on 29 October 2021, on the sidelines of G20 Summit in Rome.
This was their first in person meeting. Prime Minister Modi congratulated Prime
Minister Draghi for successfully hosting the G20 in the midst of a global
pandemic. Italy is also partnering the UK in organizing COP-26 in Glasgow.

The two leaders discussed the challenges posed by climate change, and the need
for the international community to work together. Prime Minister highlighted
the transformative climate actions undertaken by India, and the concerns of
developing countries about climate financing commitments of the developed
world.

The two leaders also exchanged views on recent global and regional
developments, including in Afghanistan and the Indo-Pacific. They reiterated
their desire for working closer together for furthering the India-EU
multi-faceted cooperation.

On the bilateral side, the two leaders reviewed developments since the
India-Italy Virtual Summit in November 2020 and expressed satisfaction at the
progress in implementation of the 2020-2025 Action Plan adopted at the Virtual
Summit that set strategic goals in the political, economic, S&T and
cultural spheres to be achieved in the next five years.

The two leaders reiterated their commitment to further expanding trade and
investment linkages between the two countries particularly in textiles, food
processing, automotive and renewable energy sectors. To provide fresh impetus
to the bilateral cooperation in renewables and clean energy, India and Italy
issued a Joint Statement announcing a Strategic Partnership on Energy
Transition and agreed to explore partnerships in areas such as large size green
corridor projects, smart grids, energy storage solutions, gas transportation,
integrated waste management (waste-to-wealth), development and deployment of
green hydrogen and promotion of bio-fuels. India and Italy also signed a Statement
of Intent on Textiles cooperation during the meeting.

Prime Minister extended invitation to PM Draghi to pay an official visit to
India at the earliest opportunity.