Prime Minister Narendra Modi during a bilateral meeting with the Prime Minister of Italy Giorgia Meloni on the sidelines of the G7 summit, in Apulia, Italy, Friday, June 14, 2024.
| Photo Credit: PTI

Prime Minister Narendra Modi and his Italian counterpart Giorgia Meloni have reviewed the progress of the bilateral strategic partnership and agreed to strengthen cooperation in global fora and multilateral initiatives, including the India-Middle East-Europe Economic Corridor.

The two leaders met on June 14 towards the end of Prime Minister Modi’s day-long visit to Apulia, southern Italy, during which he thanked the Italian Prime Minister for the invitation to attend the G7 Summit.

A Ministry of External Affairs (MEA) readout of the meeting said the leaders committed to fulfil their shared vision for a free and open Indo-Pacific and also discussed the India-Middle East-Europe Economic Corridor (IMEC).

“Both leaders look forward to joint activities to be implemented under the Indo-Pacific Ocean Initiative framework to fulfil their shared vision for a free and open Indo-Pacific,” the Ministry of External Affairs said, amidst China’s aggressive actions in the region.

They also discussed important regional and global issues and agreed to strengthen cooperation in global fora and multilateral initiatives, including the India-Middle East-Europe Economic Corridor, it said.

Billed as a path-breaking initiative, the IMEC envisages a vast road, railroad and shipping network among Saudi Arabia, India, the United States and Europe to ensure integration among Asia, the Middle East and the West.

The IMEC is also seen as an initiative by like-minded nations to gain strategic influence in the face of China’s Belt and Road Initiative (BRI) which has faced increasing criticism over lack of transparency and disregard for sovereignty of the nations.

The BRI is a mega connectivity project that connects China with Southeast Asia, Central Asia, Russia and Europe.

The IMEC initiative was firmed up on the sidelines of the G20 Summit in Delhi last year.

“The two leaders noted with satisfaction the regular higher political dialogue and reviewed the progress of the India-Italy Strategic Partnership. While expressing happiness at growing trade and economic collaboration, they called for expanding commercial ties in clean energy, manufacturing, Space, S&T (science and tech), telecom, AI and critical minerals to build resilient supply chains. In this context, they welcomed the recent signing of a MoU on Industrial Property Rights (IPR) which provides a framework for cooperation on patents, designs and trademarks,” it said.

The MEA said the two sides discussed bilateral defence and security cooperation and hoped to further enhance the defence-industrial collaboration. The leaders welcomed the forthcoming visit of the Italian aircraft carrier ITS Cavour and training ship ITS Vespucci to India later this year.

Prime Minister Modi is said to have thanked the Italian government for recognising the Indian Army’s contribution to the Italian campaign during World War II and informed that India will be upgrading the Yashwant Ghadge Memorial at Montone in Italy.

The MEA statement added: “Taking note of the coordination under the ‘Global Biofuels Alliance’, the leaders welcomed the signing of the Letter of Intent for Cooperation in Energy Transition which will boost bilateral cooperation in clean and green energy. They expressed happiness at the new Executive Programme of Cooperation for 2025-27 to promote joint research and development in Science & Technology.”

“The two countries enjoy strong people-to-people connect propelled by longstanding Indological studies tradition in Italy, which will be further strengthened with the establishment of the first ICCR chair on India studies at the University of Milan. The two Leaders called for an early implementation of the Migration and Mobility Agreement, which would facilitate mobility of professionals, skilled and semi-skilled workers, students, and researchers.”

Earlier on June 14, Ms. Meloni welcomed the Prime Minister along with leaders of Algeria, Argentina, Brazil, India, Jordan, Kenya, Mauritania, Tunisia, Turkiye, and the United Arab Emirates (UAE) to address the Outreach session on Artificial Intelligence, Energy, Africa and the Mediterranean, along with Pope Francis.

The G7 Summit, to be formally concluded on June 15, was hosted under the presidency of Italy and attended by the Group of Seven Industrialised nations – the U.S., U.K., Japan, Canada, Germany and France, and the European Union.

Welcoming the announcement of the ambitious India-Middle East-Europe Economic Corridor (IMEC), Israeli Prime Minister Benjamin Netanyahu has described it as the “largest cooperation project in our history” that will “change the face of the Middle East, Israel, and will affect the entire world”.

The new economic corridor, which many see as an alternative to China’s Belt and Road Initiative, was jointly announced on September 9 by the leaders of the U.S., India, Saudi Arabia, the United Arab Emirates, France, Germany, Italy and the European Union on the sidelines of the G20 summit in New Delhi.

In a video message released late on Saturday evening, Mr. Netanyahu said that Israel is at the focus of an unprecedented international project that will link infrastructure from Asia to Europe.

“I welcome the statement that was released today by the United States, India, Saudi Arabia, the UAE and the European Union, as well as France, Italy and Germany,” Mr. Netanyahu said.

“A good week to you, citizens of Israel. This evening, I am pleased to inform you [of] some major news,” the Israeli Prime Minister said.

His message came as hundreds of thousands of Israelis protested on the streets against the government’s judicial overhaul plan they think will undermine the authority of the judiciary.

“Israel is at the focus of an unprecedented international project that will link infrastructure from Asia to Europe. This link will also realise a multi-year vision that will change the face of the Middle East, and Israel, and will affect the entire world,” he said.

“This vision starts in India, passes through the United Arab Emirates [UAE], Saudi Arabia, Jordan and Israel before reaching Europe,” Mr. Netanyahu said.

The announcement of the ambitious project comes amid discussions around the normalisation of ties between Israel and Saudi Arabia.

The two countries do not have diplomatic relations but the Gulf kingdom has been seen to be recently softening its position towards Israel by allowing Israeli airlines to use its air space.

It is said to have also demanded, as per media reports, several concessions from the United States for the normalisation of ties to happen with the Jewish state, some very contentious ones.

“They announced the launch of a pioneering initiative to develop an economic corridor from India, through the Middle East, to Europe. I am pleased to inform you, citizens of Israel, that our country, the State of Israel, will be a central junction in this economic corridor,” Mr. Netanyahu said.

“Our railways and ports will open a new gateway from India, through the Middle East, to Europe, and back – from Europe to India via Jordan, Saudi Arabia and the UAE,” the Israeli Prime Minister, battling a downturn in the economy in the face of his controversial Judicial overhaul plans, said.

“I would like to thank U.S. President [Joe] Biden and his administration for the major effort that has led us to today’s historic announcement. Several months ago, the U.S. contacted us regarding the realisation of this historic opportunity. Since then, it has held urgent diplomatic contacts in order to bring about today’s breakthrough,” he stressed.

The project reshapes the face of our region and allows a dream to become reality, he said.

The initiative includes the construction of railways, the laying of a hydrogen pipeline, the energy of the future, the laying of fibre optic communications cables, the laying of electricity cables and more infrastructure, the Israeli Prime Minister noted.

“The State of Israel will contribute its capabilities, all of its experience, momentum and commitment, to realise the largest cooperation project in our history. All government ministries will be instructed to join in realizing this dream,” he emphasised.

“I have directed the National Security Council, in the Prime Minister’s Office, to coordinate the staff work and also the close cooperation with the U.S. and other countries in order for this vision to become reality as soon as possible,” Mr. Netanyahu said.

The project will lead us to a new, unique and unprecedented era of global and regional cooperation and involvement.

“Together we will succeed,” Mr. Netanyahu asserted.

With protesters turning up in hundreds of thousands every weekend for the last 36 weeks, Israel faces threats of mass emigration, resignations in critical positions, army desertions, strikes and flight of capital backed by gloomy predictions from prestigious global credit rating agencies.

Mr. Netanyahu has been struggling to show that everything is under control and the economy is stable amid widespread angry protests. He also hinted at the major link project during his trip to Greece and Cyprus early this week to boost the morale of his citizens and supporters.