October 7, 2011, the Italy Utah Cooperation Center signed a Letter of Intent for partnership and cooperation with the World Trade Center Utah. This agreement aims to actively promote business and cultural exchange and cooperation between Italy and Utah. The partnerships and cooperation initiatives will have a special emphasis on youth and young professionals with a goal of developing their abilities as future business leaders to improve their respective communities and the world in general.
“These agreements represent a milestone for our organization,” said Francesco Di Lillo, President of the Italy Utah Cooperation Center after the signature. “They are at the foundation of our future initiatives and will be instrumental to our mission: to bring Italy closer to Utah, and vice versa.”
The Italy Utah Cooperation Center was established as a nonprofit organization in 2011 to help Italian and Utah companies grow and develop their businesses in one another’s countries. Their mission is to help companies, organizations, and academic institutions of all sizes and sectors, both from Italy and Utah, access the full potential of the US economy and the leading industrial sectors in Italy.
Networks with governmental offices and businesses across Italy and Utah have been cultivated through the collective experiences of our associates. Partners and business advisers have extensive first-hand experience doing business in Utah and are capable of facilitating partnerships between interested parties.
The Center intends to achieve its goals by pursuing the following initiatives:
a) foster exchanges between Italy and Utah in the following areas: commercial, cultural, science, the arts and social activities, through relations and conventions with elective institutions, professional groups and associations, entities, social organizations, universities, research institutes, study centers. b) foster exchanges within specific areas, to solicit a technical, scientific, economic, cultural, and artistic cooperation of mutual interest.
c) promote collaboration between entities and institutions of the two countries.
d) promote and organize exhibits, reviews, conferences, conventions, seminars, cultural events, trips for study, volunteering, and tourism.
e) promote initiatives with social, economic, cultural, sport, purposes, with the goal of furthering and strengtheing the activity of the “Center,” without lucrative purposes, as an instrument of active and real solidarity with Utah.
f) encourage publication of periodicals, monographs, documents, bibliographies, etc., for the mutual understanding of Italy’s and Utah’s histories, cultures, and socio-economic realities.
g) maintain regular relations with the diplomatic representations of the United States of America and with representatives of the Utah Governor in Italy and of those of Italy in Utah.
Services are open to all Italian and Utah based registered entities on a pay-as you-go basis or participants may elect to participate in their membership organization.
In August 2011, Loris Facchinetti, Vice-president of the Italy Utah Cooperation Center, gave a presentation to Brigham Young University students on a study tour in Rome, Italy. Mr. Facchinetti discussed doing business in Italy and provided a brief overview of the current economic and political situation in the country. He was accompanied by Dr. Giulio Contini, financial operator, LUISS University graduate and collaborator of the Center.
The 27 undergraduates, many of whom are business students at the BYU Marriott School of Management, were travelling across Europe and the Mediterranean area, visiting Switzerland, Turkey, Greece and Italy, to learn more about international business.
For more information please go to www.italiautah.org