Overview
- Prime Ministers Narendra Modi and Giorgia Meloni formally adopted the India–Italy Joint Initiative to Counter Financing of Terrorism during their meeting in Johannesburg.
- The framework targets illicit financial flows and money laundering with commitments to enhanced information-sharing, capacity-building and closer operational coordination.
- Both sides said they will align efforts in multilateral forums, naming the Financial Action Task Force and the Global Counter Terrorism Forum as key platforms.
- Meloni expressed solidarity over the recent terror incident in Delhi as the leaders reviewed progress under the India–Italy Strategic Partnership and the Joint Strategic Action Plan 2025–29.
- The talks also highlighted trade, defence, innovation, space and education ties, with references to recent business fora, support for an India–EU FTA, the 2026 AI Impact Summit, and figures of roughly $15 billion in 2023–24 trade and about $4 billion in cumulative Italian FDI.