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Terzi from New York

The “Transatlantic Trade and Investment Partnership” (TTIP), the outlook for the eurozone and the G20’s initiatives on international financial stability. These were the key issues discussed at Foreign Minister Giulio Terzi’s meeting today, 5 March 2013, with American economic–financial experts who are members of the International Economic Alliance (IEA). Minister Terzi is in New York on a mission to the United Nations, during which he met UN Secretary General Ban Ki-moon and the President of the General Assembly, Vuk Jeremic, yesterday [4 March].


“The foreign trade component – deriving from exports, inward investment and tourism flows – accounts for about a quarter of Italy’s GDP and is crucial to our country’s economic and employment growth”. This was Minister Terzi’s comment at the close of a meeting which, according to sources, gave him an opportunity to reassure his interlocutors as to the political and economic situation in Italy, and most notably the country’s “capacity for recovery”.


The issues addressed by Minister Terzi during the meeting, in which the IEA’s Director, Van McCormick, also took part, included energy, climate change and cyber-security. Issues that are increasingly high on the international agenda and on which Italy continues to provide input and proposals. The Minister underscored the Foreign Ministry’s role as an “Economic Ministry” engaged in fostering the economic growth and internationalisation of the Italian business and industrial system.


The International Economic Alliance is an independent non-profit organisation conceived at Harvard University in 2004. It conducts research and organises events to advance business relationsamong nations and foster increased global trade and investment opportunities.