Mr Sharma also said the implementation of a liberalised business visa regime will lead to greater partnership between the business communities of the two countries.

India has invited the Italian industry to be a partner in the proposed National Manufacturing and Investment Zones (NMIZ).

“A consortium of industry from Italy can become a partner in at least one of the NMIZs,” said the Commerce, Industry and Textiles Minister, Mr Anand Sharma.

Mr Sharma, who held a meeting with the visiting Italian Foreign Minister, Mr Guilio Terzi di Sant' Agata, here on Tuesday, also said the Joint Working Groups (JWG) should prepare their recommendation for the India-Italy Joint Economic Commission meeting in June.

India and Italy have five JWGs on infrastructure, manufacturing, innovation and science, information technology and pharmaceuticals. Both sides are considering more JWGs including on tourism, hospitality and agro-processing.

EASE OF VISAS

Mr Sharma said the implementation of a liberalised business visa regime will lead to greater partnership between the business communities of the two countries.

During his visit to Rome in February 2011, Italy had assured full cooperation for a liberalised business visa regime within Schengen parameters, an official statement said.

India gives Italians multiple entry long duration (one year) business visas. Mr Sharma suggested that apex business chambers should be the nodal agency for certifying the candidates for long duration business visas. The Italian Minister assured to streamline the process of visa, the statement said.

Mr Sharma and the Italian Minister also interacted with select Italian business leaders from infrastructure, defence, constructions and engineering sectors.

arun.s@thehindu.co.in

(This article was published on February 28, 2012)
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