"Only together we can face the increasingly global challenges of the international context," he added.
After taking the oath of office, the newly appointed prime minister received the "silver bell" from the hands of former Prime Minister Paolo Gentiloni at Chigi Palace, a ritual signalling a new Italian cabinet is taking office.
Conte must now seek confidence votes from both chamber of deputies and senate, which was expected to be an easy process since M5S and League holds the majority in both houses.
The votes might take place between Tuesday and Wednesday, according to Ansa news agency citing lower house speaker Roberto Fico.
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