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Isabella Cascarano is the Senior Industrial Officer on the U.S. Embassy in Rome
That is the fourth put up in a weblog collection concerning the totally different markets that might be featured throughout Commerce Winds Europe/Eurasia.
This Could, the U.S. Authorities’s largest annual commerce mission—Commerce Winds—is heading to Europe and Eurasia! Dozens of U.S. companies of all shapes, sizes, and sectors will journey throughout six nations to strike offers with international consumers, distributors, and companions. They’ll be accompanied by ITA business diplomats and commerce professionals who’re specialists throughout the continent. One among our early mission stops might be in Milan, Italy between Could 9-10, 2024.
With the third-largest financial system within the EU and eighth largest financial system on the earth, Italy is likely one of the United States’ strongest buying and selling companions, with our whole commerce reaching $116.8 billion in 2022. A mature, subtle and aggressive market, Italy gives vital alternatives for U.S. corporations that produce progressive, cutting-edge options throughout a wide range of sectors, starting from superior manufacturing to medical gadgets, to power and environmental applied sciences.
U.S. corporations in search of to enter or increase their presence within the Italian market could also be enthusiastic about alternatives offered by the Authorities of Italy’s Nationwide Restoration and Resilience Plan (NRRP). The NRRP is a multi-faceted strategic effort that goals to allocate almost $200 billion to structural reforms and investments throughout six focused coverage areas, every of which current alternatives for U.S. companies. The focused sectors are:
- Digitalization, innovation, competitiveness, tradition and tourism;
- Inexperienced revolution and ecological transition;
- Infrastructure and sustainability mobility;
- Training and analysis;
- Inclusion and cohesion; and
- Well being
The Italian market additionally gives vital prospects for U.S. corporations within the data and communications expertise and cybersecurity sectors. In Could 2022, ITA led a Minority Enterprise Centered Commerce Mission to Italy, Spain, and Portugal, which had a mission cease in Milan that has generated 5 export successes for collaborating U.S. corporations within the data expertise, cybersecurity, digital publishing and industrial applied sciences sectors.
Given the vital prospects for U.S. exporters producing progressive services and products, ITA chosen Italy as one of many stops throughout Commerce Winds Europe/Eurasia. For extra data and registration for Commerce Winds or the non-compulsory business-to-business matchmaking conferences in Denmark, Italy, Kazakhstan, Poland, Romania, and/or Türkiye, please go to the Commerce Winds Europe/Eurasia webpage.
