Italy is going to increase by 50 percent the volume of investments in the Russian economy, Italian deputy industry minister Dr. Adolfo Urso said on Wednesday presenting in Moscow the program 2005
Published:
10 March 2005 y., Thursday
Italy is going to increase by 50 percent the volume of investments in the Russian economy, Italian deputy industry minister Dr. Adolfo Urso said on Wednesday presenting in Moscow the program 2005, Year of Italy in Russia.
"In 2004 the volume of Italian export to Russia increased by 29 percent and this year we would like it to go up by 50 percent", Mr. Urso said. He also noted Italy's interest in increasing the volume of mutual investments.
"Now Italy ranks tenth among the investors in the economy of Russia. I think, this indicator can further improve", he said. In his opinion, the current state of affairs is explained by many Italian investments in the Russian economy arriving through third countries, such as The Netherlands and Belgium.
The present figures of Russian-Italian trade and economic relations do not exhaust our countries' potential of such cooperation, he believes.
The reinvigoration of cooperation in this sphere will be largely promoted by realization of the program 2005, Year of Italy in Russia, he said.
Šaltinis:
RIA Novosti
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
According to the data presented by the Ministry of Finance, in end-January central government debt made up LTL26, 310.8 million or 28% of projected GDP for 2010 (LTL 93, 819 million).
more »
As far as countries affected by the economic crisis, China fared extremely well.
more »
The European Commission has authorised today a Slovak scheme with a budget of approximately €3.32 million which aims at supporting farmers in Slovakia who encounter difficulties as a result of the current economic crisis.
more »
Commission sets out a 10-year strategy for reviving the European economy, casting a vision of ‘smart, sustainable, inclusive' growth rooted in greater coordination of national and European policy.
more »
The European Commission has launched today the Europe 2020 Strategy to go out of the crisis and prepare EU economy for the next decade. The Commission identifies three key drivers for growth, to be implemented through concrete actions at EU and national levels.
more »
Launching of the “SCHOOLS’ initiative for innovation and changes” Grant scheme.
more »
EU Member States must not only deliver on their international aid pledges, but also bring in a financial transactions tax and a temporary debt moratorium, to help developing countries to cope with the effects of the global financial and economic crisis, said the Development Committee on Monday.
more »
The EBRD is increasing its commitments to promote sustainable energy projects in Slovakia with a new €90 million funding under the existing Slovakia Sustainable Energy Finance Facility (SLOVSEFF) to ensure continuous implementation of energy efficiency and small renewable energy projects.
more »
According to the unaudited data, in 2009 AB Bank SNORAS earned LTL 8.7 million profit. The bank’s assets grew by 11 per cent up to LTL 6.342 billion during 2009 and were by LTL 647.8 million larger than at the beginning of 2009.
more »
Aviation security measures that go beyond common EU requirements should be paid for by Member States, not by passengers, said Transport Committee MEPs in a vote on Monday that could put Parliament on a collision course with the Council of Ministers.
more »