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[Tim]

Agenzia Nazionale Stampa Associata
National Associated Press Agency

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[Tim]

Agenzia Nazionale Stampa Associata
National Associated Press Agency

< Front Page | General News | Politics | Business | Science&Technology | LifeStyle+ | Sport | Vatican | World | Photo >​

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(ANSA) - ROME, November 14 - The Italian President has invited the Korean President to Rome where they will sign a historical cooperation agreement between their two respective countries. The Korean President will also visit some historical landmarks in Rome and bring a visit to the Pope in Vatican city. The full details of the cooperation agreement have not yet been published but it is said to focus on trade, exchange of information and easier tourism between the two countries. The full state visit schedule has been published and can be found later in this article.

Together with the announcement of this state visit came the following statement: "President Kim highly appreciates Italy's consistent support for and contribution to the process of peacefully resolving the North Korean security issue and establishing peace on the Korean Peninsula. It is our clear understanding of the two leaders shared view that the peaceful reunification of the Korean Peninsula must be achieved. Yet, holding North Korea accountable and ensuring that the global communities cooperation to ensure the complete, verifiable and maintenance of limitation of support, financial, military, or otherwise, to the North is required and an area of major importance for the Republic of Korea. The Korea-Italy summit will advance Korea-Italy relations, move towards a stable and healthy strategic partnership between Korea and Italy, and be at the front of a Europe-Asia cooperative spirit."

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KOREAN STATE VISIT TO ROME
November 1997
I. Korean Delegation
1. H.E. President Kim Daejung
2. H.E. First Lady of Korea
3. Minister of National Defense
4. Chairman of the Joint Chiefs of Staff
5. Minister of Trade, Industry, and Energy
6. President of Seoul National University
7. Minister of Finance

Mode of transport: Korean Air

II. Schedule
Day 1 (November 18). Visit to Rome & Signing of the Cooperation Agreement

The Korean Delegation will arrive at Rome–Fiumicino International Airport. From here the President of Italy and the President and First Lady of Korea will travel by the President's Armoured Audi A8Ls through Rome. They will visit, in order: The Colosseum, Forum Romanum, the Pantheon and will then go to the Palazzo del Quirinale where they will be staying.
After a public appearance at the Palazzo del Quirinale they will sign the cooperation agreement with press present.

The Korean Minister of Finance will meet with his Italian counterpart at the Palazzo delle Finanze in Rome.
The Korean Minister of Defence will meet with his Italian counterpart at the Ministry of Defence in Rome, the Korean chairman of the Joint Chiefs of Staff will also be present as will the Italian Chief of the Defence Staff.​

Day 2 (November 19). Visit to Vatican City

The Korean President and First Lady will visit Vatican City.​

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[Tim]

Agenzia Nazionale Stampa Associata
National Associated Press Agency

< Front Page | General News | Politics | Business | Science&Technology | LifeStyle+ | Sport | Vatican | World | Photo >​

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(ANSA) - ROME, December 18 - The centre-left coalition, backed by the Communist Refoundation Party, have just confirmed the budget and tax rate for 1998. Because of projected increased spending on healthcare, infrastructure and education the average tax rate has risen by 66.7%. This increase will mainly be felt by those who earn the most, as the higher tax brackets have had the highest increase in tax rate, with the lowest tax bracket actually getting a tax cut.

After a long period of discussion over the budget, and the increase of the tax rate that would be necessary to get enough money, it was finally passed by the Chamber of Deputies last Tuesday, and passed by the Senate on Friday, just in time before their winter break.​