India invited Italy to invest in defence sector

Posted on:31 Oct 2018 10:34:06
India invited Italy to invest in defence sector
31 October 2018 Current Affairs:

India invited Italy to participate in the defence sector under the “Make in India” scheme. The invitation also included an agreement to counter terrorist financing and state sponsors of terrorism.
This latest announcement was the first time when the two countries have agreed on joint defence production since the Augusta Westland case exploded in 2013. During the 9th Military Group Meeting that was held between India and Italy, both the countries agreed on cooperation in 2019.
 Mr.Conte’s visit is the first since he took charge in June 2018. He also showed his support for India’s quest for membership in the Nuclear Suppliers Group and underlined Rome’s support to India’s membership in the global technology export groups.

India invited Italy to participate in the defence sector under the “Make in India” scheme. The invitation also included an agreement to counter terrorist financing and state sponsors of terrorism.
This latest announcement was the first time when the two countries have agreed on joint defence production since the Augusta Westland case exploded in 2013. During the 9th Military Group Meeting that was held between India and Italy, both the countries agreed on cooperation in 2019.
 Mr.Conte’s visit is the first since he took charge in June 2018. He also showed his support for India’s quest for membership in the Nuclear Suppliers Group and underlined Rome’s support to India’s membership in the global technology export groups.




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