LATIN AMERICA, GIRO: BIG OPPORTUNITIES BUT WE HAVE TO WORK

(VELINO) Roma, 12 Oct - Italy is looking increasingly to LatinAmerica, which offers great potential from every angle, but tomake the most of it we need to work in a unified and targetedmanner, said Undersecretary for Foreign Affairs, Mario Giro.The Undersecretary gave Velino/Pei News an overview of whereItaly is going and what can be improved. "We are working aboveall to increase our trade that isn't big, but that has lots ofpotential for growth. To this end - we are preparing a trip forPrime Minister Matteo Renzi to four Latin American countriesand

(VELINO) Roma, 12 Oct - Italy is looking increasingly to LatinAmerica, which offers great potential from every angle, but tomake the most of it we need to work in a unified and targetedmanner, said Undersecretary for Foreign Affairs, Mario Giro.The Undersecretary gave Velino/Pei News an overview of whereItaly is going and what can be improved. "We are working aboveall to increase our trade that isn't big, but that has lots ofpotential for growth. To this end - we are preparing a trip forPrime Minister Matteo Renzi to four Latin American countriesand have completed a long mission in Cuba where we went with100 companies. We are interested in the Pacific Alliance area,which is more open to trade but also very demanding. We arestarting from a situation of great friendship, but we have notexploited its full potential in recent decades." As for Italianpriorities: "Mexico is still the priority country, with itsmanufacturing and that recently opened its energy market,breaking an old taboo. Eni has entered "the market." Then thereis Peru, the country with the highest growth in the area,Chile, a very reliable country, Colombia, where we hope peacewill soon come, and of course, Brazil, Argentina and others.Obviously we can't forget Cuba, where during the recent missionwe encountered a strong demand for Italian know-how. Whereverwe go this is not just about food, fashion and furniture, butalso major works, manufacturing, and the system of small andmedium-sized enterprises (SMEs)". As for SMEs: "We held a forumin Rome and will repeat it in Mexico in 2016. There is a greatwork in progress and I am confident that it will yieldresults," Undersecretary Giro concluded. vel.