Italy Tells China It Is Quitting Belt and Road Initiative, Day After Signing India-Middle East-Europe Infra Deal: Report


Source: news18.com news18.com

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Italian Prime Minister Giorgia Meloni privately hinted to Chinese Premier Li Qiang that Italy plans to exit from China’s Belt and Road Initiative (BRI), news agency Bloomberg reported. It is worth noting that Italy is one of the signatory countries in the India-Middle East-Europe Economic Corridor (IMEE EC) memorandum of understanding signed on Saturday during the first day of the G20 Summit. Moreover, the BRI investment pact between Beijing and Rome has also tested the Italy-US bilateral relationship. The Bloomberg report said that Italy PM Meloni and Chinese Premier Li Qiang met on Saturday on the sidelines of the 2023...