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The FIGC said in a statement that the change, which will come into effect for the 2011/12 season, had been unanimously approved at a meeting of the federation.
"The return of the two non-EU players is important for Italian football and will enable teams to recover their competitiveness," Serie A president Maurizio Beretta (pictured) told the league's website.
The restrictions were imposed a year ago following Italy's first-round exit at the 2010 World Cup and were aimed at encouraging clubs to invest in local talent.
Article continues belowTop clubs say the move backfired as it has put them at a disadvantage against their European rivals, with no Italian clubs progressing past the quarter-finals of the Champions League last season.
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