Italian diplomacy is working feverishly as summer ends and elections approach. Italian Chambers of Commerce keep cultivating a global network to ensure more comprehensive cooperation between Italian and foreign companies. Meanwhile, the Ministry of Foreign Affairs set the tone for the broader approach.

The main event, as is tradition, was the 48th edition of the Cernobbio Forum: this year’s topic was “Today and tomorrow’s scenario for competitive strategies”.

The 2022 Edition of the Forum of Cernobbio, this time organised in a “hybrid” format, saw a renewed effort to establish a mutually beneficial collaboration between the European House-Ambrosetti and the Ministry of Foreign Affairs. All the events that took place under the banner of the forum benefitted from the expertise of the Embassies, as they supplemented with their insights the debates concerning their countries of accreditation.

The Italian Minister of Foreign Affairs and International Cooperation, Mr Luigi Di Maio, took the floor during the inaugural session of the panel on global challenges and their impact on the economy. He described the overall Italian strategy to address the current and upcoming challenges as an international community, focusing on the Farnesina efforts as Italy faces the consequences of Russia’s aggression against Ukraine.

The panel also featured Ukrainian President Volodymyr Zelensky, the President of Azerbaijan, Ilham Aliyev and South Africa’s Minister for International Relations and Cooperation, Naledi Pandor. Meanwhile, the opening session was also attended – from the Italian Embassy in Ankara – by Turkey’s Deputy Minister for Energy, Alparslan Bayraktar, and – from the Italian Embassy in Singapore – by the President of Singapore Manufacturing Federation, Lennon Tan.

Alongside the main forum, the Italian Embassy in Beijing hosted “ChinaHUB”, linking selected diplomatic offices connected via video conference with the Forum in Cernobbio. Economy experts, distinguished scholars, diplomats and entrepreneurs were able to learn more about the state and future of the Chinese economy as the discussion focused on the challenges stemming from pandemic countermeasures, the downsizing of the real estate sector and vulnerabilities in supply chains and high inflation.

The Italian Embassy, together with ICE, will bring much-needed attention to a growing African country like Tanzania. The bilateral business forum, as the Tanzanian Foreign Ministry will support it, will stop in Zanzibar and Dar es Salaam at the end of September (28 and 30). The forum will not just address the general business and investment opportunities in the country but also offer B2B meetings and networking sessions.

Last but not least, the Mexican Ambassador in Italy, Carlos García de Alba, visited the Italian Chamber of Commerce in Mexico to address the “support of Mexico System in Italy for Italian companies”. Both Italian and Mexican companies attended the meeting, offering their point of view about the current state of foreign investments and the benefit of the free trade agreement between the two countries. Everyone agreed on the necessity for a deeper scientific and academic partnership and a regular collaboration between the Chamber and the Mexico-Italy Economic Association in Rome.

Featured image: via Forum The European House – Ambrosetti