Commerce and Industry Minister Suresh Prabhu has said India and Italy should make a concerted effort to promote and expand bilateral trade between the countries. Addressing the 20th session of India-Italy Joint Commission for Economic Cooperation in New Delhi yesterday, Mr Prabhu said India has an attractive foreign investment policy. 

He said India's trade with Italy has increased to 10.42 billion US dollars in 2017-18 from 8.80 billion US dollars in 2016-17. Michele Geraci, Deputy Minister of Economic Development of Italy,  said Italian companies are keen to invest in India.

Michele Geraci also said that Italy is looking to work in areas like financial services, renewable energy, infrastructure and transport development. 

The two Sides agreed to hold 21th Meeting of the Joint Commission in Italy in 2021.