Italy and ITC to step up collaboration
The International Trade Centre (ITC) and the Government of Italy has announced that they aim to step up collaboration with a view to support the internationalization of Italian companies and encourage them participate in ITC’s initiatives in developing countries.
A Letter of Intent confirming the partnership was signed by ITC Executive Director Arancha González and Fabrizio Lucentini, Director General of the Italian Ministry of Economic Development on 6 December 2016 during an interactive meeting held simultaneously in Rome and Geneva. A first step of the collaboration is to identify countries and sectors of interest for Italian companies and where the partnership model offered by Italy could be useful and fruitful.
The collaboration aims to enable developing countries to promote trade opportunities in Italy, attract Italian investment, and for Italian companies to share know-how and expertise with their counterparts in developing countries.
Areas that will be given particular attention by the two sides include the internationalization of small and medium-sized enterprises, the economic empowerment of women and youth, and sustainable development.