India and Italy Upgrade Ties to Special Strategic Partnership; Target 2029 Trade
India and Italy have upgraded their diplomatic ties to a 'Special Strategic Partnership,' aiming to hit 20 billion euros in bilateral trade by 2029. During his Rome visit, Prime Minister Modi also accepted the FAO’s Agricola Medal. India And Italy Elevate Ties To 'Special Strategic Partnership' At the heart of the economic agenda is an ambitious target: Expanding bilateral trade to 20 billion euros by 2029.
Following the 2023 strategic partnership, the May 2026 upgrade to a 'Special Strategic Partnership' signals a deeper convergence between Rome and New Delhi. The focus is shifting from simple trade to industrial co-production, particularly in defence, technology, and renewable energy.
A core component of the agreement is a clear economic mandate: reaching 20 billion euros in trade volume within the next three years. This requires heavy synchronization between commerce ministries. The visit also featured the 'Ek Ped Maa Ke Naam' initiative, involving the planting of a black mulberry tree. Recognition of India’s progress in food security came via the FAO awarding the Agricola Medal to the Prime Minister.
| Key Objective | Target/Detail |
|---|---|
| Bilateral Trade Target | 20 Billion Euros by 2029 |
| Diplomatic Classification | Special Strategic Partnership |
| Environmental Initiative | Ek Ped Maa Ke Naam (Black Mulberry) |
| FAO Recognition | Agricola Medal for PM Modi |
Glossary
Special Strategic Partnership: A diplomatic tier indicating high-level cooperation across security, economic, and technological domains beyond standard diplomatic agreements.
Agricola Medal: The highest award granted by the Food and Agriculture Organisation (FAO) to individuals for their contribution to global agriculture and food security.
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