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Italy and India Signed Six Agreements on Trade Matters

Written by: Editor

Italy-and-India-Signed-6-Agreements-on-Trade-Matters.jpgThe representatives of Italy and India have recently signed six trade agreements which have as the main purpose the development of trading relations between the two countries. Italy and India are interested in increasing the current value of the trading activities, which are set at the moment at $ 8,8 billion. Foreign businessmen interested in the trading agreements applicable in Italy can receive advice on this matter from our team of Italian lawyers, who offer legal assistance on the tax benefits and other incentives deriving from such documents. 
 

Italy – India agreements 

 
The trading agreements signed by the representatives of both countries have as main subjects matters such as:
 
mutual investments;
energy
cooperation on safety in the railway sector
 
Through these agreements and other available programs, the Italian representatives encourage the participation of the Italian companies on the Indian market, by collaboration with companies set up in India
 
Companies in Italy can find various business opportunities in key sectors of the Indian market, as they can provide their capabilities on the following matters: 
 
smart cities;
food processing;
pharmaceutical industry;
infrastructure
renewable energy;
high-tech manufacturing
 

Indian investments in Italy 

 
At the same time, Indian companies may invest on the business market in Italy in the following sectors: 
 
automotive sector;
leather industry;
machinery;
chemicals.
 
Our team of lawyers in Italy can provide in-depth information on the regulations referring to the above mentioned Italian business sectors
 
It is important to know that Italian authorities sustain the development of Indian business activities on the European Union’s market, through active negotiations that may set up the India - EU Broad Based Trade and Investment Agreement.  
 
At the moment, the Italian market is represented in India by 628 companies which have already invested more than $2,4 billion. It is also important to know that the Italian companies were responsible for the creation of more than 23,000 jobs on the employment market in India
 
Foreign businessmen can receive legal assistance on the Italian agreements, including the double taxation treaties signed by the local authorities. Please contact our law firm in Italy for consultancy services on this matter.  
 

Comments

  • Dylan 2017-11-18

    As India has a large consumer market, I believe that Italian companies can have numerous business opportunities there.

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