Current context: India and Italy established a Fast-Track Mechanism to facilitate companies and investors of both countries.
- Fast-track System in India will work with the objective to identify and solve Italian companies problems in India and vice-versa.
- The system will serve as a platform to discuss general suggestions with regard to ease of doing business in India.
- India side in this system is represented by the Department for Promotion of Industry and Internal Trade (DPIIT) in close cooperation with Invest India.
- The Italian side is represented by Ministry of Economic Development, Italy, with the Italian Trade Agency.
- The fast-track system will be reviewed twice a year.
- The decision has been taken in a meeting held in New Delhi between the Ambassador of Italy to India, Lorenzo Angeloni and Secretary, DPIIT, Ramesh Abhishek, to deliberate upon issues of five Italian companies.
Question:
The Fast-Track Mechanism recently in news, was to facilitate investors and companies of India and ___?
a. China
b. France
c. Germany
d. Italy
a. China
b. France
c. Germany
d. Italy
