Italy’s Commitment to Supporting Sri Lanka’s Economic Recovery

Ambassador Damiano Francovigh of Italy affirmed the nation’s commitment to aiding Sri Lanka’s recovery after the 2020 economic default. He connected economic instability to increased illegal immigration, advocating for legal pathways to benefit both countries. The ambassador noted the historical ties and significant Sri Lankan diaspora in Italy, estimating around 130,000 legal residents and emphasizing the importance of this relationship.

Ambassador Damiano Francovigh of Italy has emphasized Italy’s commitment to supporting Sri Lanka’s recovery following the country’s economic default in 2020. Speaking at the 17th Conference of Italian Ambassadors, he highlighted the direct link between economic instability and the increase in illegal immigration, asserting that Italy is interested in providing avenues for legal immigration instead. This approach not only mitigates immigration challenges but also aids in the recruitment of essential human resources in sectors such as tourism and hospitality.

Ambassador Francovigh acknowledged the historical ties between Italy and Sri Lanka, noting that the presence of the Sinhalese community in Italy dates back to the 1970s. This long-standing relationship contributes significantly to the Italian economy and strengthens bilateral connections. He estimated that the legal Sri Lankan diaspora in Italy comprises around 130,000 individuals, while the total, including irregular residents, could be approximately 200,000. This year alone, Italy issued about 5,000 visas to Sri Lankans, reflecting a robust interest in migration, particularly as familial connections serve to attract more individuals from Sri Lanka seeking opportunities in Italy.

The article discusses Italy’s involvement in supporting Sri Lanka’s economic recovery from the fallout of its 2020 default. Ambassador Francovigh articulates the potential benefits of fostering legal migration pathways that can enhance specific economic fields in Italy. Moreover, the narrative addresses the historical context of Sri Lankan migration to Italy and the socio-economic implications of maintaining these connections.

In summary, Ambassador Francovigh’s statements underscore Italy’s strategic interest in aiding Sri Lanka’s recovery and promoting legal immigration channels as a means to bolster both economies. The historical and current presence of the Sri Lankan diaspora in Italy not only presents opportunities for economic growth but also highlights the complexities of migration patterns between the two nations.

Original Source: ansabrasil.com.br