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Undersecretary Maria Tripodi attends the 32nd General Assembly of the Italy/Japan Business Group in Venice

Undersecretary Maria Tripodi was delegated by the Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation to speak at the 32nd General Assembly of the Italy/Japan Business Group in Venice.

Undersecretary Tripodi recalled how the sound political dialogue between Italy and Japan goes hand in hand with a flourishing and an increasingly structured and diversified economic and commercial partnership. In fact, bilateral trade has grown considerably since 2019 to a total of 12 billion euros in 2021, even exceeding the amount recorded before the pandemic. The interest of Italian enterprises in the Japanese market stretches beyond trading and is increasingly shifting to the investment sector, Ms. Tripoli said.

“In the face of the ongoing global economic cycle, strengthening our already solid economic partnership takes on a new importance and acquires a strategic value aimed at ensuring the resilience of our economy. For example, I am thinking of developing new industrial partnerships in key sectors, such as energy transition, connectivity, environmental technologies and the defence industry, which present wide margins for growth”, said the Undersecretary. She added: “I’m also thinking of the new synergies that could be established to ensure two-way benefits in the innovation sector in which Italian and Japanese companies vaunt points of excellence at global level.”

In concluding, Tripodi underscored how only by working together can the public and private sector aim to maximize existing potentials and thus build ever better-balanced and mutually advantageous economic relations that respect national interests and foster the growth of our Countries.