00:00The Modi-Melanie bilateral talks have begun in Rome.
00:04Remember, after that viral Melody moment, the crucial bilateral is now underway.
00:10And we are expecting key pacts to be signed.
00:15Prime Minister Narendra Modi is in Italy for a crucial bilateral talks with the Italian leadership.
00:23Remember, he had landed in Italy just yesterday and had visited the Coliseum with Prime Minister Giorgio Meloni.
00:33He also received the Guard of Honor this morning.
00:36And now the bilateral talks have begun.
00:42We are expecting some agreements to come out from this.
00:48The meetings are expected to be focused on trade, defence, maritime and port-related cooperation.
00:54We are also expecting that migration and mobility agreements that were signed earlier
00:59that were supposed to facilitate smoother movement between India and Italy will also be a topic of conversation.
01:06Trade, defence, mobility, maritime security and port are the key priority areas for discussion between the two sides.
01:14And that is officially the information that the Indian ambassador to Italy had given out in a press statement
01:23just before the Prime Minister had landed.
01:26This visit is also expected viewers to deliver substantial outcomes when it comes to maritime security,
01:33supply chains, trade partnerships and energy security.
01:37Because these are the agreements that are expected to be announced.
01:42Additionally, we are also expecting dairy and agriculture to be topics of conversation.
01:50On your screens right now, viewers, is the visuals from the very crucial bilateral talks
01:57between the Prime Minister of India and the Prime Minister of Italy.
02:01Very, very good topic.
02:04Manu.
02:09Manu.
02:10So, the prime minister of India is in Italy and he's not, it is was not just for
02:15a diplomatic and trade-related ties.
02:18The news is also going viral because, of a viral meme moment.
02:24Prime Minister Narendra Modi and Italian Prime Minister George Emelani have been called
02:32melody as as internet memes and the Prime Minister of India took that
02:38literally he took a melody candy back for his counterpart as a present
02:44Pranay Upadhyaya is now joining me on this story Pranay the very very
02:49important bilateral talks have now begin begun what are we expecting from this
02:55meeting so clearly the world can see the what is the season behind this bonding
03:07between these two leaders how the Indian and Italian economies are looking at
03:12the complementarity how the nations are working together for for achieving the
03:17ambitious target of 20 billion euro or bilateral trade and forging better ties
03:22in terms of the automobile to agriculture to artificial intelligence to critical
03:26minerals and in fact this is based on the shared values of democracy both the
03:32countries are strong democratic you know countries and in fact both India and
03:37CUPLE are also looking at building their strategic partnerships with the
03:42different collaboration both countries are looking at you know the joint
03:46production research and development in terms of different equipment as well so this
03:51is a very strong partnership and we have seen that you know in last last four
03:56years last year three years rather both the leaders have met over seven times
04:00different areas and in fact Prime Minister Nareem Modi is undertaking a first
04:05bilateral visit to Italy so this is his first bilateral visit so he has been to
04:10Rome earlier for the multicultural visit and in fact you can see you know both the
04:14leaders how they have bonded together and in fact they know that there is a fan base
04:18available for them for them and that's why Prime Minister Nareem Modi has also
04:22extended a special gesture because this name Melody was coined by another friend
04:26I tell him Prime Minister George Maldoni when she took a picture and she said yes that you know
04:32hi to Melody so this is the term she has coined and in fact they both know that that there
04:39is a
04:39fan base available for their partnership and in fact that trans partnership this bonding is also
04:45translating in terms of greater business numbers in terms of trade if you see the bilateral trade
04:52between India and Italy especially in terms of India's export to Italy has grown in last two years by 19
04:58%
04:59and also the Italian economies opening up to Indian professionals the remittance money you know the foreign exchange we get
05:07by from by virtue of our professionals in Italy has grown by 32% in last two years so this
05:14clearly shows that this
05:15this friendship is actually bringing good and in fact these smiling pictures of these you know the sweets and these
05:26candies are actually translating in terms of tangible gain
05:32well Pranay Pranay as you just said it is a very it is very crucial India and Italy moving towards
05:40almost 20 billion in trade with each other India this bilateral conversation this bilateral talk is also expected to result
05:51in substantial outcomes when it comes to maritime security supply chains energy security can you tell us a little more
05:58about what we are about what we are about what we are about what we are about what we are
06:00expecting or about these particularly energy security which is currently the most important point of conversation across the world
06:10not only in terms of the energy security Anisha but what we have seen that Italy is is taking a
06:17shift in fact post COVID-19 pandemic we have seen that now there is an India world
06:23a very early looking push in a push in the in the in the Italian administration and there is a
06:28greater acceptance for the Indian cooperation and Indian companies are participating in big numbers at different
06:34fairs be it the textile sector be it automobile sector these are the two promising sectors where Italy has it
06:41has its expertise and India is a growing market for the automobile products for the apparels and that's why both
06:49India and Italy see prospects and in fact
06:52there is an important area that there is an important area which is emerging and that is the IMAX corridor
06:56IMAX which was launched when Prime Minister George Meloni was in India for the G20 summit on the sidelines of
07:02the G20 summit this India Middle East Europe economic corridor was launched and now Italy also want to be part
07:08of this IMAX corridor which you know which connects Indian Indian ports to the European ports via the Middle Eastern
07:17countries or the West Asian countries of Saudi Arabia Jordan
07:20Israel Israel and onward and onward and recently there is also a data cable which was made from the Gino
07:28or the southern Italy port to India so this is also an important link of data connectivity between India and
07:35Italy so these are the important nodes of you know not only communication but also important nodes of cooperation between
07:42India and Italy and both the countries you know are trying to reap the benefits of the India
07:49China and India and the FBA as well because most importantly from India and India and Italy is undertaking his
07:54first visit to Europe after the signing up of India Europe free trade agreement in January 2026 and thereafter you
08:02know both India and Italy are trying to strengthen their relationship because India apart from India's point of view because
08:09our concern is not only the energy sources but also you know how we can expand our exports and Italy
08:17is
08:18an important destination for India's export. In fact, this is the fourth largest trading partner
08:22and export destination for Indian products in Europe. And that's why Prime Minister Modi is
08:27undertaking a bilateral visit. This is, in fact, the first bilateral visit of Prime Minister Modi
08:32to Italy and how warmly he was welcomed. In fact, Italy is also trying to forge, you know,
08:38better ties with India, which is a fast-growing economy. And in fact, in terms of the Italian
08:46products, how Italian products can come, can find their way to India, and how they can
08:52lead the benefit of India's huge market potential.
08:57All right, Prane, as you just said, we are looking at how both the countries can cooperate
09:03when it comes to trade, when it comes to economy, when it comes to technology as well. Can you
09:13the bilateral agreements? Because we, just before the Prime Minister landed, the ambassador
09:18of India to Italy had said that this visit is to provide an important opportunity to discuss
09:25issues related to welfare and mobility of both Indians as well.
09:31Absolutely. In fact, the migration and mobility agreement has become an important cornerstone
09:37of India's foreign policy these days, because we see that there is a requirement for quality
09:43manpower. And India is a manpower-rich country. And in fact, we are looking at exporting manpower,
09:52train manpower. And in fact, Italy is an important country or important destination. And that's
09:58why I mentioned that the remittance money, which is foreign exchange, which we receive.
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