'Melodi' moment in Rome: Italy PM Meloni welcomes 'friend' PM Modi with selfie and a warm message

Why in news

PM Modi visited Rome for a strategic partnership meeting with PM Meloni to deepen bilateral ties and discuss the India-Middle East-Europe Economic Corridor (IMEC).

Background

India and Italy aim to reach a bilateral trade target of 20 billion euros by 2029. The meeting includes a joint declaration to establish annual summit-level meetings and focus on the IMEC.

Facts for Prelims

• FactTarget bilateral trade between India and Italy: 20 billion euros by 2029
• BodyFAO: United Nations Food and Agriculture Organization headquarters visited by PM Modi
• PlaceRome: Location of the strategic partnership meeting between India and Italy
• BodyIMEC: India-Middle East-Europe Economic Corridor discussed as a key diplomatic engagement

For Mains

Q. Discuss the significance of the India-Middle East-Europe Economic Corridor (IMEC) in reshaping regional trade dynamics and strengthening India's strategic ties with Europe.

Dimensions to cover in your answer

• Geopolitical alignment: Strengthening India's foothold in the Mediterranean and Middle Eastern trade routes
• Trade diversification: Reducing import reliance through enhanced bilateral trade targets with Italy
• Multilateral cooperation: Leveraging FAO and IMEC to address global food security and infrastructure

Keywords: Strategic Partnership · Bilateral Trade · Economic Corridor · Diplomatic Engagement · Trade Diversification

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