A particularly intense and important week of relations between Italy and the United States ended yesterday afternoon with a video interview between the Minister of Foreign Affairs and International Cooperation, Luigi Di Maio, and the United States Trade Representative (USTR), Catherine Tay.
Referring to the very positive results of the recent visit to Washington, Minister Di Maio affirmed the common interest in leveraging the excellent bilateral partnership to develop closer and more effective trade cooperation.
Transatlantic relations – noted by the owner of the Farnesina – also have strategic value from an economic point of view and for this reason they deserve full support also in Europe, which promotes an increasingly positive and beneficial trade agenda between the European Union and the United States. In this regard, among the main files discussed during the interview, Minister Di Maio reiterated that he welcomed the agreement reached between the European Commission and the Biden administration regarding the suspension of duties related to the dispute between Airbus and Boeing, which affects important sectors of airlines. Made in Italy, although Italy does not participate in the Airbus consortium.
He also expressed his hope for a rapprochement with the United States on the fees imposed on steel and aluminum imports, expressing his appreciation for the new American willingness to reach an agreement within the Organization for Economic Cooperation and Development on taxation of digital services.
It is also important to jointly affirm a commitment to cooperate to reform the World Trade Organization, promote economic recovery after the epidemic and increase the supply of vaccines.
Finally, Minister Di Maio invited USTR Tai to attend the G20 Trade Ministers’ Meeting which he will chair on October 12 in Sorrento.