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The Economic Times

Global Business / The Economic Times

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India, Italy look to expand trade, defence ties amid Persian headwinds

India and Italy have elevated their relationship to a Special Strategic Partnership. Prime Minister Narendra Modi and Italian Prime Minister Giorgia Meloni announced this major step. The two nations will hold annual meetings and boost defense and maritime security cooperation. Trade targets are set to increase significantly. Both countries are committed to combating terrorism and resolving global issues through dialogue.

20 May 2026 11:45 pm