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Letta: the Destinazione Italia project is underway, the goal is to bring foreign capital back to the country

Enrico Letta, also in the preliminary speeches to the G20, focuses strongly on the return of foreign capital to the country, as a necessary driving force for growth - The "Destination Italy" project will be presented by the end of September, which seeks to stimulate foreign investment by intervening in four directions : tax justice, credit and simplifications

Letta: the Destinazione Italia project is underway, the goal is to bring foreign capital back to the country

Reactivate commercial channels and bring foreign capital back to the country. This is one of Italy's great objectives, which returns to the G20, as Prime Minister Enrico Letta has repeatedly stressed, "no longer as a special surveillance" in the process of contagion of the crisis.

A very hot topic, according to the Prime Minister, is that of protectionism, defined as "the enemy of work and development. Our task is to further extend the commitment already made on the fight against protectionism”. A theme also dealt with in the first two preliminary meetings, with the presidents of South Korea and Mexico, two major economic and commercial powers with which Italy intends to begin relations.

Opening towards the outside, therefore, as a necessary driving force for growth. This is not a new discourse, in any case, but a point on which the Letta government has been working for months, so much so that it has project, "Destinazione Italia", which should be presented by the end of the month, and which proceeds precisely in this direction, that of promoting foreign trade and the influx of capital and foreign companies into the country following four main lines, namely justice, taxation, credit and simplifications

Among the main proceedings, a necessary regulatory simplification, with "the repeal of a series of confusing or useless laws". But the process also passes through a significant reduction in labor costs and the streamlining of the procedures that regulate the relationship between the central state and local bodies. The Government's attention will then be directed especially towards a fundamental sector for its ability to attract international investments, namely real estate.

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