Italy has officially informed China of its decision to leave the Belt and Road Initiative, becoming the first major Western nation to do so. The 2019 accord expires in March 2024, and Rome has no plans to renew the pact. Prime Minister Giorgia Meloni stated that the program did not yield the expected results, emphasizing that Italy can enhance trade and economic ties with China despite the withdrawal. The move is seen as a significant blow to Beijing's flagship development project, with the West aiming to reduce dependence on China. Italian government sources dismissed concerns that the decision could harm relations and the economy.
Italy has announced last week that it will officially end its participation in China’s Belt and Road Initiative ahead of a deadline at the year's end. CFR's @DavidMSacks1 explains the broader implications of this announcement: https://t.co/0sXjcKhdmo
Italy has announced this week that it will officially end its participation in China’s Belt and Road Initiative ahead of a deadline at the year's end. CFR's @DavidMSacks1 explains the broader implications of this announcement: https://t.co/20lsWeZr0x
Italy has decided to withdraw from China's 'One Belt, One Road' initiative - ANSA Prime Minister Giorgia Meloni said the program did not show the expected results. According to her, #Italy can improve trade and economic ties with #China even after Rome's decision to withdraw… https://t.co/zsyb1IBAoq https://t.co/SDRKFgSkMS
Italy has decided to leave China's Belt and Road Initiative. The country was the first and so far the only major Western nation that was part of the trade and investment program https://t.co/llKEMHuXuB https://t.co/OBj8C7aH2L
Italy has informed China that it is leaving the Belt and Road Initiative. The 2019 accord expires in March 2024 and an Italian government source said Rome would not be renewing the pact https://t.co/llKEMHupF3 https://t.co/dqMjWgotQa
Italy has officially told China it is leaving the Belt and Road Initiative. The country was the first and so far the only major Western nation that was part of the trade and investment program https://t.co/llKEMHupF3 https://t.co/QPaCGNFcOZ
Italy has announced its departure from China’s flagship development project, the Belt and Road Initiative (BRI), in a blow for Beijing. How do Chinese scholars view the BRI and its role in expanding China’s global presence? Read more in our library:
Italy has officially informed Beijing of its decision to withdraw from President Xi Jinping’s flagship Belt and Road Initiative as the west increases efforts to reduce dependence on China https://t.co/bLlyHR0A0L
Italy has announced this week that it will officially end its participation in China’s Belt and Road Initiative ahead of a deadline at the year's end. CFR's @DavidMSacks1 explains the broader implications of this announcement: https://t.co/MWC6CmDA4d
Italy has officially informed China that it is leaving the Belt and Road Initiative, dismissing fears that the decision could sour relations and damage the Italian economy https://t.co/llKEMHupF3 https://t.co/OIg6nICMna