Italy is a country with the centuries-old history, the country which has given the world a lot of great rulers and strategists, politicians and scientists, philosophers and artists. The research is aimed at examining the main directions and priorities of the foreign policy of Italy with Russia. Italy is one of the countries which has special relations with Russia. The fact that Italy prefers involving Russia in the European affairs to containing it doesn't imply its automatic agreement with Moscow on all issues. When defending the policy of dialogue with Moscow, Italy is guided by the conviction that constructive cooperation with Moscow should be based on a coordinated approach, first, in the European Union and, secondly, in NATO. Italian politicians have always understood better than others that stability in Europe, including the CIS area, can't be achieved contrary to the interests of Russia. The authors of the article consider the theoretical aspects and main directions of the modern foreign policy of Italy and Russia and analyze the historical specificity of the foreign policy of the Italian state with Russia.