Prime ministers, ambassadors, military chiefs and even rugby teams from Italy and the UK have been meeting this month and finding they have interests and principles in common. It all looks good for close ties between Italy and the UK after Brexit.

The Italian Prime Minister Paolo Gentiloni has visited Theresa May at Downing Street for a working lunch, followed by a press conference. They discussed the future of Anglo-Italian relations as the UK leaves the EU and areas relating to Italy’s Presidency of the G7 the organisation representing the world’s seven largest economies. They also agreed to establish regular bilateral summits between the UK and Italy.

Italian PM Paolo Gentiloni: “We need to show a constructive and friendly approach”

On the subject of the UK’s future negotiations with the EU, Gentiloni said that, “we are aware of the fact that negotiations will not be easy. And we also know that we need to show a constructive and friendly approach.” He hopes the 27 EU countries will be united in ensuring the best possible agreement, saying there was no need for “destructive” negotiations.

 

Italy and England in action during the Six Nations Championships 2016 (Marco Iacobucci EPP / Shutterstock, Inc.)

 

They discussed the importance of trade, and Theresa May pointed out that the UK is Italy’s seventh export market for goods, worth over €22billion a year and that the UK does vital business in agriculture, manufacturing, pharmaceuticals and defence. Theresa May is seeking “a new, comprehensive, bold and ambitious free trade agreement with the European Union” and is “determined that a global Britain will be a great champion of free trade in a way that can only be good for British and Italian businesses and jobs.”

Reassuring citizens

Prime Minister Gentiloni, said that, “We also have a very specific interest in reassuring our citizens, I’m thinking about the Italians that live in the UK and the British citizens that live in Italy, about the fact that their acquired rights will be respected and there will be reciprocity, so there will be very fair treatment.”

On this subject Theresa May said, “I want to be able to, and expect to be able to guarantee their status here in the UK. But as UK Prime Minister, I must, of course, also think of the UK citizens who are living in what would be the 27 remaining states of the EU, and I would want their status in those member states to be guaranteed too. I think there’s goodwill on all sides in relation to this matter. We recognise people want reassurance for their future, and as I said in the House of Commons yesterday, when I trigger Article 50, I will make clear that I want this issue to be addressed at an early stage of the negotiations precisely so we can give reassurance both to UK citizens living in Italy and other member states and EU citizens, Italians and others, living here in the UK.”

Paolo Gentiloni: “I’m thinking about the Italians that live in the UK and the British citizens that live in Italy, about the fact that their acquired rights will be respected and there will be reciprocity”

Mr Gentiloni also displayed his confidence in the future of the EU by adding that “We intend to relaunch the EU and this will happen at the end of March in Rome for the 60th anniversary of the Rome Treaty, with the aim of celebrating the results so far. But also, to look at the mission of the EU in the next 10 years in detail and take into account the fact that it may be necessary to have different levels of integration.” After being questioned on this point later he added that “the EU already has different levels of integration. We have the euro countries and the multi-currency countries. There are some countries that have signed the Schengen agreement and others who didn’t. So, I think it would be reasonable, and I certainly argued this as Foreign Minister, that within the EU, it is absolutely feasible to have different levels of integration.”

See the full transcript of Theresa May and Paolo Gentiloni’s press conference here.

 

Mr Gentiloni and Mrs May

 

Welcome for Italian business and students

Italians currently living in the UK may be concerned about their future residency, but at a presentation at the Palazzo Giureconsulti in Milan on the 2nd February, Britain was actively encouraging businessmen, students and Italian tourists to choose the UK for business, study and holidays. In the presence of the British Ambassador in Italy, Jill Morris, the initiative was promoted by British organisations in Italy, the British Embassy, the British Council, the Department for International Trade (DIT) and VisitBritain.

 

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In the British Ambassador’s opening statement, she announced a new digital platform created by the Department for International Trade (DIT) which aims to stimulate the creation of business opportunities for anyone from Italy who is interested in trading or investing in the UK, as well as help for UK businesses who want to sell abroad. Morris said that more than 10,000 Italians already choose to study in British schools and universities and that two million Italian tourists visit Britain each year. Britain is prepared to welcome even more, she said. Despite the EU referendum result she is confident that “the relations between Italy and the United Kingdom will be strengthened by this complex path, by virtue of the common interests and ties that have always united and brought our two countries together.

Defence Secretaries meet in Rome

When it comes to defence, off the rugby field, Sir Michael Fallon is the man Britain sent to meet with the Italian Defence Minister, Roberta Pinotti. Fallon reassured Italy that Britain was a “key ally and would not be stepping back from European defence and security commitments following the Brexit vote”. The two countries are strong partners in the NATO alliance. Led by the Italians, a small team from the Royal Navy recently helped train the Libyan Coastguard to secure its own borders and disrupt people smuggling and illegal arms trafficking in and around Libya.

The Six Nations Rugby

While British and Italian politicians tackle business the Nations rugby teams are preparing to do battle on the field in the Six Nations Rugby. Italy have already lost to Wales and Ireland, but will be at Twickenham against England on 26th February and in Scotland on the 18th March. The British fans will show the Italians a warm welcome as they come together to enjoy a sport they both love and show EU and British negotiators that there is more that bonds the two countries together than Brexit can pull apart. With the close connections forged by family and friends in both countries, work colleagues, student friendships and tourists who enjoy exploring the history and traditions of each other’s country, the UK may be leaving the EU but it will always be part of Europe and a friend of Italy.

 

If you are looking to move to Italy or do business there in the near future, get a free no-obligation quote for your Italian currency from Smart Currency Exchange by clicking here.

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