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India-Italy Joint Commission for Economic Cooperation meeting begins

India-Italy Joint Commission for Economic Cooperation meeting begins

India BloomsNews Service | @indiablooms | 26 Feb 2019, 11:29 am

New Delhi, Feb 26 (UNI) The meeting of 20th India-Italy Joint Commission for Economic Cooperation (JCEC), which will discuss bilateral trade engagement, began here on Tuesday.

The two-day session is co-chaired by Union Commerce and Industry Minister Suresh Prabhu, from the Indian side and Deputy Minister of Economic Development Michele Geraci from the Italian side.

The JCEC is an institutional mechanism for bilateral trade engagement held at the level of Minister of Commerce and Industry of the two countries, according to a statement here.

Both the countries are looking towards the development of bilateral economic and trade relations through facilitating dialogue and enhancing cooperation in a wide range of sectors like machinery, infrastructure and engineering, ICT, including digitalisation, agriculture and IPR.

The 19th Session of India-Italy JCEC was held in Rome on May 11-12, 2017.

A number of issues of mutual interest for industrial and economic cooperation like machinery, energy, SMEs, pharma, leather and investment were deliberated upon in the Rome meeting.