Italian Under-Secretary of State for Economic Development Michele Geraci recently said Japan will continue to be among Italy's biggest trading partners and that it will play an even more important role in business and investment.
Speaking in an interview prior to the Invest in Italy Roadshow held on Dec. 13 at the Italian Embassy, Geraci noted that with the EU-Japan Economic Partnership Agreement taking effect on Feb. 1 next year, he expects that the flow of goods, people, skills and ideas to be further activated in both directions. "Japan has a high degree of skills that are complementary, not overlapping with ours," said Geraci.
Measures that Italy is taking to promote investment from foreign countries include tax reduction for greenfield investment and improvement of legal systems for faster processing of various registrations and applications of licenses.