Italian economic diplomacy is the activity of the Ministry for Foreign Affairs and International Cooperation aimed to support Italian companies abroad and promote the country’s growth in different fields. Coordinated by the Foreign Ministry’s Directorate General for the Promotion of the Country System – which, in turn, is in constant contact with Institutions, Organizations, Associations, Enterprises, Research Centres and Universities – the over 450 offices spread throughout the world and including Embassies, Consulates, as well as ICE and ENIT units, currently integrated into the diplomatic and consular representations, Italian Cultural Institutes, and Offices of Scientific and Technological Attachés, are engaged on a daily basis to promote Italy in its economic, cultural and scientific components from an integrated perspective.
The strategic objectives that inspire economic diplomacy on a daily basis are:
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- to support companies in their commercial penetration of emerging markets and to strengthen their positioning in traditional ones;
- to support the local authorities’ international activities;
- to attract productive investment, tourist flows and brilliant talents to Italy;
- to promote Italian investment abroad.
Singapore – Southeast Asia’s financial and technology hub
Singapore is an intriguing inter-ethnic mosaic. Covering a mere 719 square kilometres – an area that is barely more than half the size of Rome – this city-state is a powerhouse of six million inhabitants with a peculiar cultural fabric made up of a Chinese majority and a large Indian and Malaysian community. Its multiculturalism […]
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“The articulation points of competitiveness. Italy’s growth amid global tensions, rates, and the National Recovery and Resilience Plan (Piano Nazionale di Ripresa e Resilienza – NRRP)”
Although the global economy will continue to see moderate growth in coming years, the diverging dynamics between the United States, the Eurozone, and emerging economies point to a scenario of uncertainty. According to the Confindustria report for autumn, 2024, titled “I nodi della competitività. La crescita dell’Italia fra tensioni globali, tassi e PNRR” (“The articulation […]
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Senegal – A government programme for national development
Senegal’s new government has presented a plan for the country’s development over the next 25 years. Entitled ‘For a Sovereign, Just and Prosperous Senegal,’ the ‘Senegal 2050’ programme has ambitious economic goals – to triple per capita income by 2050 and ensure annual growth of more than 6% by, among other things, developing a strong […]
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Brazil: the leather industry, between European regulations and the challenge of traceability
The cattle and leather industries in Brazil and Italy are facing a crucial challenge: application of the European Deforestation Regulation (EUDR). Aimed at combating global deforestation, this regulation risks having significant repercussions on both markets with historic links to the hide trade. Brazil is a colossus in the cattle industry. In 2022, Brazil’s agribusiness sector […]
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