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News of 12/06/2015

Free trade only with the recognition of the Made in Italy. Ok parameters for Tariffs (prevalence) but the parameters of labeling is to be decided by the Italian, Swiss and Americans as they do.

Vice-Minister of Economic Development raises the agreement: "Possible to start 2016". Fundamental role Agency-Ice.

An ambitious plan to support the "Made in Italy" excellence through the work of the Italian Trade Agency (Ita), and as part of a more concrete way to the free trade agreement between Europe and the US (TTIP). That's the message that emerged during the mission which took place in Chicago a few days ago and that involved in the forefront Vice-Minister of Economic Development, Carlo Calenda, and the heads of the Agency for the Promotion Abroad and the internationalization of Italian firms (former Ice). All framed in the IMF Connect - Food Marketing Institute - the largest exhibition of the food dedicated to the world of mass retailers and retail, where Calenda has attended the opening of the Italian pavilion.

 

Investments for 260 million euro

This is the amount that the Italian Government has set aside to promote the excellence of 'Made in Italy', of which a good part of the United States, and with particular reference to food and wine, as well as textiles and jewelery. Calenda, who spoke to the IMF Connect, explained that for the current year, the goal is to "close with a + 15% of exports." That after reaching interesting targets already in 2014, when for the agribusiness sector exports of Italian products to the US increased by 6.2% compared to the previous twelve months, reaffirming America as the third destination market the excellent food of the country.

 

Ice on the front line

The plan developed by the Ministry finds its implementation through the agency Ice that already with the participation at the fair in Chicago presented the Strategic Guidelines are being developed. The Agency in collaboration with Federalimentare and Exhibition in Milan, Parma and Verona, has organized a group of 52 Italian companies with the goal to increase at the large American distribution, the number of authentic products of the beautiful country available on their shelves and consolidate Thus brand and existing products. "The Italian Trade Agency is honored to partner with IMF Connect, a distinction of great importance to us because it is an exhibition of excellence in terms of products, equipment and services oriented to the retail food sector," he annotated CEO Ice Agency, Roberto Luongo.

 

IMF Connect

It is one of the most performances listed in the United States and around the world with regard to the food sector. The last year has seen 12,000 visitors - including retailers, wholesale and media - from 73 countries around the world. And the estimates for this year provide an exponential increase in numbers. For 2015, Italy was named "Host Country", and the country has responded with participation in the context of the organizers of the three main proud of the industry, the Fair of Milan, Parma and Verona. Also bring prestige to the flag is the fact that for the first time Cibus, Tuttofood and Vinitaly, or the most important and prestigious exhibitions of Italian food, started with the conquest of the shelves of large retail chains in the United States. "This is indicative of the effort, ambition and perseverance in wanting to sustain our excellence," says the director of the Italian Trade Commission in New York, Maurizio Forte, this together with the head of the Chicago office, Matteo Picariello.

 

The free trade agreement to start operating in 2016

The expected appointment in Illinois was also an opportunity to relaunch efforts of Understanding on free trade agreement between the US and EU, precisely from what emerged in the recent summit of the G-7 in Germany. According Calenda "within the first months of 2016, before the American elections" to be held in November, "is unrealistic close a deal TTIP substantial, covering rates, regulatory convergence, energy and something on geographical indications of the products." According to the deputy minister is not realistic to think instead enter sensitive issues such as the "Buy American", especially on the eve of elections in the United States, which instead will continue to negotiate. The certainty is that the effects of an agreement would be enormous. "The US market potential for the" Made in Italy "before TTIP is 9.2 billion euro - has annotated the representative of the government Renzi - and it is estimated that the closure of an ambitious free trade agreement would result in an increase potential of the Italian GDP by 0.5%, a very significant value. "

 

[Source: lastampa.it]

Wikipedia: Treaty on transatlantic trade and investment



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