IMEEC is a vision of growth and cooperation that opens up endless possibilities for industries & technology: Italian senator

IMEEC is a vision of growth and cooperation that opens up endless possibilities for industries & technology: Italian senator



IMEEC represents a breakthrough in India-Europe trade relations, creating an efficient, streamlined corridor that enhances speed, reduces costs, and increases trade reliability. This project is more than infrastructure; it’s a vision of growth and cooperation that opens up endless possibilities for industries, technology, and innovation between the two continents, connecting the Indo-Pacific and the Mediterranean area, Marco Dreosto is a Senator of the Italian Republic and secretary of the Permanent Commission for Defence and Foreign affairs told ET’s Dipanjan Roy Chaudhury ahead of proposed meeting between the PMs of India and Italy on G20 Summit sidelines.

1. What are prospects of India-Italian partnership in IMEC

Historically, Italy and India have been connected for thousands of years; we share an ancient trade heritage that dates back to the Roman Empire, proven by Roman coins discovered in Indian lands. Today, we have the chance to revive and strengthen these bonds through IMEC. The Italian government has repeatedly underscored the strategic importance of this corridor, seeing it as a project that can redefine global trade routes. This isn’t just a trade route; it’s a chance to deepen a partnership rooted in shared history and geared toward a prosperous future.2. ⁠how would IMEEC boost India-Europe trade

IMEEC represents a breakthrough in India-Europe trade relations, creating an efficient, streamlined corridor that enhances speed, reduces costs, and increases trade reliability. This project is more than infrastructure; it’s a vision of growth and cooperation that opens up endless possibilities for industries, technology, and innovation between our continents, connecting the Indo-Pacific and the Mediterranean area. The governments of Italy and India both recognize IMEEC’s transformative potential, which makes this project a flagship for our times.

3. ⁠what role can Port of Trieste play in IMEEC in collaboration with India

The Port of Trieste can play a central role in making IMEEC a success story. Trieste has a long history as a vibrant international port, serving as Italy’s gateway to Northern and Eastern Europe and beyond. With deepwater access, advanced facilities, and close connections to the heart of Europe, Trieste is ideally positioned to be a primary European terminal for the IMEEC corridor. Working in close collaboration with Indian partners, Trieste could facilitate a faster, more efficient exchange of goods, linking Indian and European markets like never before. Trieste and the entire Friuli Venezia Giulia Region can also be a hub for Indian companies looking to expand in Europe, helping them access new customers and business opportunities. This partnership can bring more than just economic gain; it can reinforce the bonds of friendship, shared ambition, and cultural respect that Italy and India have enjoyed for centuries. Together, Trieste and IMEC can transform the vision of connected trade into reality, with benefits felt across both our nations and continents.

4. ⁠Can India-italy look to work on port sectors in 3rd countries

Absolutely, and this vision aligns perfectly with Italy’s ambitions for global development and cooperation, as outlined in the Mattei Plan. This plan, inspired by Enrico Mattei’s legacy of fostering fair and balanced relationships, is Italy’s commitment to sustainable development and economic growth in partner countries, particularly in regions like Africa and the Middle East. By collaborating on port infrastructure in third countries, Italy and India could play a crucial role in creating efficient, sustainable trade networks that promote mutual prosperity. India’s engineering and technical expertise, combined with Italy’s experience in logistics, port management, and development, can make a powerful impact in these regions. Together, we could help modernize ports, streamline trade routes, and support local economies in a way that respects and benefits all stakeholders involved. This partnership would reflect the core values of the Mattei Plan: respect, equity, and shared growth.

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