India and Italy on Monday signed several Memorandum of Understanding (MoU) in the sectors of energy, railway safety and mutual trade investment during Intalian PM Paolo Gentiloni's India visit.
Prime Minister Narendra Modi received his Italian counterpart Paolo Gentiloni at Hyderabad House on Monday morning. Gentiloni was also given a ceremonial welcome at the forecourt of Rashtrapati Bhavan (President's house).
Both leaders later indulged in delegation-level talks and reviewed the entire spectrum of the bilateral relationship between India and Italy.
PM Modi and Paolo Gentiloni also interacted with 12 Indian and 19 Italian business leaders for “boosting economic & investment cooperation”.
“Partnering for progress”, India and Italy signed six pacts – 1) Joint declaration of cooperation for safety in railway sector, 2) MoU on 70 years of diplomatic relations, 3) MoU on cooperation in the field of energy, 4) Executive protocol on cultural cooperation, 5) MoU between MFA, Italy and FCI, MEA India and 6) MoU for promoting mutual investments.
PM Modi and his Italian counterpart Gentiloni also released commemorative stamps to mark the occasion of 70 Years of Diplomatic Relationship between India and Italy.
Earlier, the Prime Minister of Italy Paolo Gentiloni who arrived in New Delhi on his first state visit to India on Monday morning met EAM Sushma Swaraj and discussed issues of mutual interest.