What's Happening?
The Paris Internationale art fair is set to expand to Milan, with its inaugural edition planned for April, coinciding with the Miart fair. The organizers are currently searching for a venue that aligns
with Milan's architectural heritage. This expansion comes as the Art Basel Paris fair is about to open, highlighting a growing trend of art fairs in Europe. The move is seen as a continuation of a European dialogue between cities and artistic communities, emphasizing values of openness, research, and independence. The fair was founded by galleries from Paris, Milan, and Zurich and is directed by Silvia Ammon.
Why It's Important?
The expansion of Paris Internationale to Milan signifies a strengthening of cultural ties and artistic exchange within Europe. It reflects the growing importance of Milan as a cultural hub, partly due to Italy's favorable tax policies for high-net-worth individuals and art sales. This move could attract more international galleries and collectors to Milan, boosting the local art market and economy. The presence of such fairs fosters cultural tourism and enhances the global visibility of participating artists and galleries. It also underscores the competitive nature of the art market, where cities vie for prominence as cultural capitals.