Embassy in Washington: meeting with Italian companies

Jun 20, 2020 468

Today, the Italian Embassy in Washington organised a second virtual meeting with the main Italian companies’ top management for investment and turnover operating in the US. The meeting, chaired by Ambassador Varricchio and organised by the Economic-Commercial Bureau of the Embassy with the participation of the coordinator at ICE Bureaus in the US and of the Bank of Italy Financial Officer, provided an opportunity to discuss the current situation in the US and the first signs of recovery for the US economy.

The discussion started by analysing data on the American economy and recalled the importance of the US market for Italian companies, in terms of trade, finance and direct investment. In 2019 the exchange exceeded 100 billion dollars, a record figure, while direct investment in both directions reached 70 billion.

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SOURCE: https://www.esteri.it

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