Information From The Italy.docx

INFORMATION FROM THE ITALY On October 27, 2015, the first visit was made to an Italian Head of Government, Mr. Matteo Renzo. This visit is one of the most important things for relations between Colombia and Italy, taking into account the Trade Agreement with the European Union. In addition, the Italian Parliament ratified the Trade Agreement on October 5, 2015, an important step for the consolidation of trade and investment relations between the two countries. In 2015, Italy ranked as the fifth destination of Colombia's exports to the European Union, representing 8.2% of the total sold to this block (USD 490.3 million) and, in turn, it was the fourth supplier of our Goods in the European Union, representing 9.9% of the total imported (USD 823.6 million). The products sold to Italy are very representative within the Colombian economy, concentrated in: oil (25.7%), hullas (25.3%), bananas (24.2%), coffee (15.7%), and in smaller proportions hides and skins (7.5%). For example, the main products compiled in Italy are: medicines (9.6%), machines and devices to explain, level, pull (3.8%), machines and appliances for washing, cleaning or drying (2, 5 %). In 2014, the trade balance with Italy was USD 24.0 million, due to higher oil sales, in contrast to the two previous years, when its amount was close to USD 500 million deficit. However, in 2015 the deficit was USD 296.2 million. On the other hand, in terms of tourism, Italy will be ranked fourth in the European block number of visitors to Colombia in 2014, representing 8.9% of the total number of visitors to the European Union. The figures show that 28,154 tourists from Italy visit our country in 2014, with an increase of 23.8% compared to 2013, and in 2015 we visited 33,364 Italian tourists. Colombia is working to deepen its economic-commercial relations with Italy and with each of the member states of the European Union. There are many potentialities that Colombia has to conduct business and to invest. GENERAL INFORMATION ON ITALY Official name Capital Major cities National day

Italian Republic. Rome. Rome, Milan, Naples, Turin, Palermo, Genoa, Bologna and Florence. June 2nd

Year of declaration 1948 of independence Geographical Aspects Area Population Language Religion

301,338 km² 60.59 million. Italian. Roman Catholicism is the largest religion in the country and approximately 84% of Italians identify themselves as Roman Catholics.

Other groups are: Eastern Orthodox Christians (1.2%), Greek Orthodox, Evangelicals and Pentecostals, Jehovah's Witnesses, Valdesians, Seventh-day Adventists, Mormons, Baptists, Lutherans and Methodists. In Italy the form of government that has been ruling the nation for more than 60 years is the parliamentary republic with representative democracy, leaving behind the monarchy exercised over the former kingdom of Italy and the fascist dictatorship of Mussolini until the end of the Second World War. Government The government of Italy is characterized by having a president who in turn is the prime minister; The head of state will be overseeing and enforcing the constitution, in addition to acting as a moderator among the different political tendencies that are discussed on the various topics. Head of State and Sergio Mattarella. Government Actual president Belonging to

GDP IPC Inflation Unemployment rate Minimum salary

Farm products

Sergio Mattarella. The UN, the EU, NATO, the OECD, the OSCE, the DAC, the WTO, the G-6, G7, G8, G10, G20, the Latin Union, the Council of Europe, the ASEM, the MEF, others. Economy 1.935 billion USD (2017) 1,084% 0,99% 10.5% (Jan. 2019) 30.838€ Cereals (wheat, rice -first European producer-, corn), legumes, industrial plants (sugar beet), vegetables (peppers, aubergines, tomatoes and onions) and flowers. Special mention deserves the fruit growing (pears, peaches and apples in Emilia, Veneto and Campania, citrus in Sicily), the olive tree (in Liguria and the mezzogiorno), which generates the second world oil production (435,300), and finally, the vine , whose cultivation places Italy at the head of the world production of wines (68.6 million), internationally recognized for its quality.

Italy has few natural resources, soil and climatic conditions are adverse for a good development of agriculture. It has very few mineral resources although there are some deposits of natural gas, oil, lignite, sulfur and pyrite; Other deposits include zinc, mercury, Natural resources manganese and bauxite. Many of these are found on the islands of Sicily and Sardinia. However, Italy is rich in several types of stone for construction, has high quality marbles and fish of high commercial value in territorial waters.

Main industries

Tourism, machines, iron and steel, chemical products, food processing, textiles, motor vehicles, clothes, shoes, ceramics.

In 2017, Italy exported $ 482 milliards

Exports

Italy's main exports are Packaged Drugs ($ 21.7 Billion), Cars ($ 18.5 Billion), Oil Refining ($ 13.7 Billion), Spare Parts ($ 13.2 Billion) ) and Valves ($ 7.73 Billions)

In 2017, Italy imported $ 441 milliards. Imports

Currency

Its main imports are Cars ($ 31.2 Billion), Crude Oil ($ 24.8 Billion), Packaged Drugs ($ 15.1 Billion), Oil Gas ($ 14.5 Billion) and Parts- Spare parts ($ 8.53 Billions). Euro

REFERENCES Global rates. (s.f.). Global-raes.com. Obtained from https://es.global-rates.com/estadisticaseconomicas/inflacion/indice-de-precios-al-consumo/ipc/italia.aspx Inflation. (s.f.). Inflation.eu worldwide inflation data. Obtained from https://es.inflation.eu/tasasde-inflacion/italia/inflacion-historica/ipc-inflacion-italia-2019.aspx Salario minimo. (2019). salario minimo. Obtained from https://salariominimo.info/italia/ Spainexchange. (s.f.). Spainexchange country guide. Obtained from https://www.studycountry.com/es/guia-paises/IT-religion.htm The Observatory of Economy Complexity. (s.f.). The Observatory of Economy Complexity. Obtained from https://atlas.media.mit.edu/es/profile/country/ita/ Uninet. (s.f.). Uninet.edu. Obtained from https://www.uninet.edu/neuroc99/italia.htm Viajar a Italia. (s.f.). Viajaraitalia.com. Obtained from https://www.viajaraitalia.com/gobierno-deitalia/ Wikipedia. (21 de marzo de 2019). Wikipedia. Obtained fromhttps://es.wikipedia.org/wiki/Econom%C3%ADa_de_Italia#Actividades_agr%C3%ADc olas_italianas Wikipedia. (31 de Marzo de 2019). Wikipedia. Obtained from https://es.wikipedia.org/wiki/Italia