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![loading](/sites/all/modules/hf_eds/images/loading.gif)
Italy Tells China It Will Exit Belt and Road Investment Pact.
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- Author(s): Migliaccio, Alessandra (AUTHOR); Rotondi, Flavia (AUTHOR)
- Source:
Bloomberg.com. 12/6/2023, pN.PAG-N.PAG. 1p.- Subject Terms:
- Source:
- Additional Information
- Subject Terms:
- Abstract: Italy has informed China that it intends to withdraw from the Belt and Road Initiative investment program, which it joined in 2019. Foreign Minister Antonio Tajani stated that the pact has not yielded the desired results and is no longer a priority for Italy. Prime Minister Giorgia Meloni has been working to diplomatically end the program, as Italy is the only Group of Seven country to participate. Italy's decision comes amid escalating tensions between the United States and China, as well as concerns about economic coercion and human rights. The Italian government plans to continue strengthening bilateral relations with China. [Extracted from the article]
- Abstract: Copyright of Bloomberg.com is the property of Bloomberg, L.P. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
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