Italy and France Forge Strong Alliance to Revitalize European Automotive and Steel Industries
November 22, 2024
Rome – Italy and France have announced a significant collaboration to bolster the European automotive and steel sectors, according to a statement released by Italy’s Minister of Economic Development, Adolfo Urso, on Wednesday.
The two nations share a deep commitment to the industrial revitalization of Europe, recognizing the vital role these industries play in the region’s economic growth and competitiveness.
“We have established a strong synergy with Paris to advance our shared objectives in the automotive and steel sectors,” stated Minister Urso. “Together, we will drive innovation, promote sustainable solutions, and protect the future of these critical industries.”
The partnership will focus on fostering collaboration in areas such as electric mobility, sustainable steel production, and advanced manufacturing technologies.
Within the automotive sector, the two countries aim to enhance cooperation in the development of next-generation vehicles, including electric and hydrogen-powered cars. They will also explore opportunities to strengthen the supply chain and support the growth of European manufacturers.
In the steel industry, Italy and France will work together to promote decarbonization and sustainability. They will support the development of innovative technologies that reduce carbon emissions and increase the use of renewable energy sources in steel production.
The collaboration will also extend to research and development, with the establishment of joint initiatives that bring together academia, industry, and government partners.
Minister Urso emphasized the importance of collaboration at a European level to tackle the challenges facing these industries. “By working closely with our French counterparts, we can create a more competitive and resilient European industrial base,” he said.
The partnership between Italy and France is seen as a catalyst for broader cooperation within the European Union. Both nations believe that a strong and innovative European automotive and steel industry is essential for the region’s long-term economic prosperity.
The initiative is expected to generate tangible results in the coming years, with the potential to create jobs, boost exports, and enhance the competitiveness of European companies in the global marketplace.
Italia-Francia, Urso: “forte sinergia con Parigi per rilancio automotive e siderurgia europea”
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