The decades-old economic relations between UP and Italy will not only deepen but will go forward at the speed of a bullet train, said Italian Embassy’s Trade Commissioner Alessandro Liberatori on Saturday at the Italy Partner Country Session at UP Global Investors Summit-2023.
Citing the similarity in trade synergy between Uttar Pradesh and Italy, he said that there were unlimited possibilities of trade between the two. With the new policy brought by Chief Minister Yogi Adityanath to set up industries in UP, Uttar Pradesh will emerge as a new hub of and Italian industries will play an important role in this, Liberatori said.
The Italian embassy’s trade commissioner said that Italy would also help Uttar Pradesh to become a circular economy as Italy recycles more than 79 per cent of its urban waste. Not only this, UNESCO will play a leading role in preserving the sites and world heritage regions.On the other hand, by promoting Space Technology, leather processing in the state, it will help UP to be recognised in the global market, he said.