(VELINO) Roma, 4 Aug - Italy's Ambassador to the U.S., Armando Varricchio, has a...

(VELINO) Roma, 4 Aug - Italy's Ambassador to the U.S., Armando Varricchio, has accepted a proposal from the American Chamber of Commerce (AmCham) in Italy to become their honorary president. The role has been traditionally held by the U.S. ambassador to Italy. "We are very honoured to count the Italian Ambassador to the United States as Honorary President of our association, demonstrating the ability of AmCham to further strengthen the transatlantic relationship for the benefit of its network," said AmCham Italy's President, Stefano Venturi. AmCham Italy's managing director, Simone Crolla, said: "The authoritative presence of Ambassador Varricchio in our organisation helps to fully implement our statutory mission, that is, the growth of cross-border relations, and confirms the Italian embassy's commitment to increasing foreign direct investment between our two nations." Ambassador Varricchio said: "I gladly accept the appointment. I consider it a further significant tool for contributing to the development of economic and trade relations between Italy and the United States." The American Chamber of Commerce in Italy was founded in 1915. It is affiliated with the Chamber of Commerce of the United States of America, a network of 117 American chambers of commerce in 103 countries with more than three million affiliated businesses. Shareholders benefit from the institutional and business relations developed over 90 years between Italy and the U.S., as well as governmental contacts at local and federal level on both sides of the Atlantic. vel