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India, Italy sign six pacts during Modi holds talks with Italian PM Paolo Gentiloni's visit

India, Italy sign six pacts during Modi holds talks with Italian PM Paolo Gentiloni's visit

India Blooms News Service | | 30 Oct 2017, 04:50 pm

New Delhi, Oct 30 (IBNS) : India and Italy on Monday signed six  agreements in the sectors of energy, railway safety and mutual trade investment.

The agreements were signed in presence of Prime Minister Narendra Modi and his Italian counterpart Paolo Gentiloni, who is on a visit to India.

"IndiaItaly sign six agreements/MOUs to further strengthen bilateral cooperation," MEA spokesman Raveesh Kumar tweeted.

"Partnering for progress”, India and Italy signed six pacts – 1) Joint declaration of cooperation for safety in railway sector, 2) MoU on 70 years of diplomatic relations, 3) MoU on cooperation in the field of energy, 4) Executive protocol on cultural cooperation, 5) MoU between MFA, Italy and FCI, MEA India and 6) MoU for promoting mutual investments.

According to reports, Modi received Gentiloni at Hyderabad House. Gentiloni was also given a ceremonial welcome at the forecourt of Rashtrapati Bhavan.

PM Modi and Paolo Gentiloni also interacted with 12 Indian and 19 Italian business leaders for “boosting economic & investment cooperation”.

The two leaders also released commemorative stamps to mark the occasion of 70 Years of Diplomatic Relationship between India and Italy.

Earlier, the Prime Minister of Italy Paolo Gentiloni who arrived in New Delhi on his first state visit to India on Monday morning met EAM  EAM Sushma Swaraj and discussed issues of mutual interest.

 

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