Italian PM Tells China's Premier of Plan to Quit Belt and Road Initiative -media
Sunday, 10 September 2023 05:59 AM EDT
Prime Minister Giorgia Meloni outlined Italy's plan to pull out of the Belt and Road Initiative (BRI) during a meeting with Chinese Premier Li Qiang at the G20 summit, Italian media reported on Sunday.
Italy, seeking to minimize any backlash from the decision from Beijing, would as a replacement aim to revitalize a strategic partnership agreement with China, aimed at fostering economic cooperation, it first signed in 2004.
Italy is the only G7 nation to sign up to the BRI, a global trade and infrastructure plan modeled on the old Silk Road that linked imperial China and the West.
"The prime minister (Meloni) communicated the intention to quit the project to her counterpart," the Corriere della Sera daily reported, saying Premier Li had made a last attempt to persuade the Italians to rethink.
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READ MORE: https://www.newsmax.com/newsfront/meloni-china-belt/2023/09/10/id/1133891/
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