(ANSA) - ROME - The eastward shift, away from Europe, of the
centre of world's economic gravity caused by geopolitical
tensions with Russia, will damage not only the EU, but also the
whole Italian economic system, if the country does not arrange
its affairs in accordance with the new rules. This is what
Antonio Fallico, president of Banca Intesa Russia and chairman
of the Association "Conoscere Eurasia" said, opening the
kick-off meeting of the Eurasian Seminar, organized in Rome by
"Conoscere Eurasia" together with St. Petersburg International
Economic Forum and in collaboration with Intesa Sanpaolo, Banca
Intesa Russia and the law firm Gianni Origoni Grippo Cappelli &
Partners. According to the Management of the Research Department
of Intesa Sanpaolo, which processed the Istat data, the trade
exchange between Italy and the Eurasian Economic Union (4
members) in 2014 stood at about 30 billion, with a 18% decrease
over the previous year. This decline is continuing even in the
first two months of 2015, with a 30% decrease in imports,
whereas exports dropped by more than 31%. Italy is the second
European supplier after Germany, thanks to exports of machinery
and electrical and electronic equipment (40%), textile products
and clothing (20%), agricultural products and food (6.2%).
(ANSA).
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