• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Nation

India, Italy Explore Ways To Strengthen Economic Ties At ADB Meet

OMMCOM NEWS by OMMCOM NEWS
May 5, 2025
in Nation

New Delhi: Union Finance Minister Nirmala Sitharaman on Monday met her Italian counterpart Giancarlo Giorgetti, on the sidelines of the 58th ADB Annual Meeting in the Italian city of Milan and explored ways to strengthen India-Italy economic ties and enhance cooperation in global and multilateral platforms on issues of mutual interest.

The meeting highlighted implementation of the Joint Strategic Action Plan 2025-2029 announced by Prime Minister Narendra Modi and his Italian counterpart Giorgia Meloni in November 2024, which will add depth and momentum to our cooperation in priority domains.

“With bilateral trade between the two countries reaching $14.56 billion in FY2023-24, FM @nsitharaman emphasised on the huge potential in Renewable Energy, digital technologies, agri-food processing, and high-end manufacturing and invited Italian companies to ‘Make in India’ through Government of India’s PLI schemes,” the Finance Ministry said in a post on X.

The Finance Minister shared India’s success with Digital Public Infrastructure (DPI) platforms like Aadhaar, UPI, and DigiLocker, proposing collaboration on innovative fintech solutions.

Both Finance Ministers discussed the importance of reforming Multilateral Development Banks (MDBs) to make them more responsive to developing countries’ needs, adequately capitalised, and better aligned with SDGs.

FM Sitharaman underlined co-financing models and collaboration in green hydrogen, carbon capture, energy efficiency, and circular economy and stated that both nations can leverage their strengths to co-develop solutions for global markets, advancing our climate commitments.

The Indian Finance Minister also met Japan’s Finance Minister Katsunobu Kato and discussed the Special Strategic and Global Partnership between the two nations.

The Union Finance Minister emphasised that the India-Japan partnership, based on shared values of democracy and rule of law, is vital for promoting peace, prosperity and stability in the Indo-Pacific region.

They also discussed deepening bilateral economic cooperation, in both public and private sectors, building on ongoing efforts and encouraging innovative initiatives, according to the Finance Ministry.

Earlier, FM Sitharaman addressed the Governors’ Business Session at the 58th ADB Annual Meeting, and emphasised India’s growth story and vision for Viksit Bharat 2047 under the leadership of PM Modi.

She endorsed ADB’s vision of a more proactive, agile, bold and client-centric bank.

“These attributes are crucial in our collective journey towards a prosperous, inclusive, resilient and sustainable Asia and Pacific,” FM Sitharaman added.

(IANS)

ShareTweetSendSharePinShareSend
Previous Post

Civil Aviation Minister Approves Greenfield Airport For Puri

Next Post

Odisha Gears Up For 2025 Flood Season With Strategic Planning

Related Posts

Nation

Delhi-NCR Braces For Rain, Thunderstorms Today As IMD Issues Orange Alert

May 30, 2025
Nation

Amit Shah Directs Security Forces To Ensure Peaceful Amarnath Yatra, Zero Tolerance To Terrorism

May 30, 2025
Nation

MP: Three Of A Family Killed, Two Injured In Lightning Incident

May 30, 2025
Karnataka Chief Minister Siddaramaiah
Nation

K’taka Govt Replaces Mangaluru Commissioner & SP Amid Communal Strife

May 29, 2025
Nation

AI Making Education More Accessible And Effective: Tripura CM

May 29, 2025
Nation

People Of Sikkim Express Joy As PM Modi Launches Key Development Projects

May 29, 2025
Next Post

Odisha Gears Up For 2025 Flood Season With Strategic Planning

Heavy Rains Forecast In Several TN Districts From May 7-10

Rajasthan: ACB Recovers Rs 20 Lakh Linked To BAP MLA

Khimji
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.