India, Italy announce joint initiative for co-op in combating financing of terrorism as PM Modi meets Meloni


Prime Minister Narendra Modi meets Italy Prime Minister Giorgia Meloni, on the sidelines of the G20 Summit, in Johannesburg on November 24, 2025. | Picture Credit score: ANI

India and Italy on Sunday (November 23, 2025) introduced a joint initiative for cooperation in combating financing of terrorism, as Prime Minister Narendra Modi held talks together with his Italian counterpart Giorgia Meloni in Johannesburg and mentioned methods to bolster bilateral ties in a number of areas, together with commerce, protection and safety.

Additionally learn: g20 summit highlights

In the course of the assembly on the sidelines of the G20 summit in Johannesburg, the 2 leaders adopted the India-Italy Joint Initiative to Counter Financing of Terrorism, which reiterates their widespread resolve to struggle terrorism.

“Had an excellent assembly with Prime Minister Giorgia Meloni. The India-Italy Strategic Partnership is rising from energy to energy, enormously benefitting the folks of our nations,” PM Modi stated in a publish on social media after the assembly.

“India and Italy are asserting a Joint Initiative for cooperation in combating financing of terrorism. This can be a vital and well timed effort, which can strengthen humanity’s struggle towards terrorism and its assist networks,” PM Modi stated.

Prime Minister Meloni expressed solidarity with India on the terror incident in delhi and reiterated Italy’s sturdy dedication to working collectively to fight the scourge of terrorism.

PM Modi stated he additionally mentioned additional advancing bilateral cooperation in sectors corresponding to commerce, funding, defence, innovation, AI, house and training.

The 2 leaders had interacted briefly on the sidelines of the G7 Summit in Kananaskis, Canada, earlier in June this 12 months.

“Each leaders adopted the ‘India-Italy Joint Initiative to Counter Financing of Terrorism’. The initiative goals to deepen bilateral cooperation on countering terrorism and collaboration in international and multilateral platforms, together with the Monetary Motion Activity Pressure ( FATF) and the World Counter terrorism Discussion board (GCTF),” the Ministry of Exterior Affairs (MEA) stated in a press release.

The 2 leaders reviewed and positively assessed the developments within the bilateral Strategic Partnership throughout sectors corresponding to commerce and funding, defence, safety, house, science & expertise, training, and people-to-people ties, it stated.

Each leaders expressed satisfaction over the progress being made on the Joint Strategic Motion Plan 2025-29, which might profit the 2 economies and peoples, it added.

The 2 leaders welcomed the 2 Enterprise Fora held in New Delhi and Brescia this 12 months with strong participation of the respective industries.

They famous the continued efforts to extend enterprise, expertise, innovation and funding partnerships geared toward enhancing the competitiveness of each economies and constructing resilient provide chains.

They appreciated the latest go to of an Italian Area delegation to India, which might increase collaboration on this area, each on the authorities and personal sector ranges.

Prime Minister Meloni reiterated Italy’s sturdy assist for the conclusion of a mutually useful India-EU Free Commerce Settlement and for the success of the AI ​​Influence Summit to be hosted by India in 2026.

The 2 leaders seemed ahead to persevering with their dialogue and dealing collectively in multilateral and international platforms for upholding their shared values ​​of democracy, the rule of legislation and sustainable improvement.

India-Italy commerce is estimated at about $15 billion in 2023-2024, whereas Overseas Direct Investments from Italy into India are estimated at about $4 billion because the 12 months 2000.