How the Farnesina plan works for the new markets and duties

1 What is the action plan for Italian exports illustrated by Foreign Minister Tajani

It is a strategy based on collaboration between all Italian bodies (ministries, agencies, chambers of commerce) for acceleration exports on non-EU markets with high potential with the aim of reaching 700 billion exports by the end of the legislature. It starts from 623.5 billion euros in 2024.

2 What are the guidelines?
Institutional and entrepreneurial missions, strengthening of exhibition activities, financial support for exports, stipulating agreements with international distribution chains and digital platforms. And opening of new offices abroad of export pole agencies in strategic markets.

3What are the countries identified as the objective?

The markets that boast greater growth of Italian exports: Saudi Arabia, Vietnam, Turkey, Emirates Arabi, Serbia, Philippines, Brazil, Mexico, Kazakhstan, Kyrgyzstan, Tagikistan, Turkmenistan and Uzbekistan. In the list then there are industrialized countries such as the United Kingdom, Switzerland, Japan and Canada.

4 What are the tools identified?

The report hypothesizes subsidized funding for projects abroad, energetic companies and small-medium businesses. Then there is the program Appropriate Italy of the Ice to create commercial contacts in 20 markets. And CDP services for export credit. In general, the strategy goes in the sense of relaunching production, reducing energy costs, entering new promising markets, maintaining relationships with traditional partners such as Germany. The Italian embassies are preparing guides on the « growth diplomacy » for companies.

5 COme manage relations with the United States With the entry into force of the duties?

Italy sells the USA much more than it buys (surplus of 38.8 billion). The government aims to find agreements on natural gas and defense with a view to rebalancing the scale. In the report we speak of « transactional strategy ».

© RESERVED REPRODUCTION