Italy joining China's Belt and Road Initiative was atrocious move, defence minister says
31-07-2023, 07:39

Font size: [ A+ ] / [ A- ]

Italy made an "improvised and atrocious" decision in joining China's Belt and Road (BRI) initiative, defence minister Guido Crosetto has said.

Mr Crosetto claimed the initiative had done little to boost Italy's exports, making China the only winner.

China has previously said both nations have seen "fruitful results" as a result of the BRI.

Italy became the first developed economy to join the BRI in 2019 - a move criticised by its Western allies.

The global investment programme envisions connecting China with Europe and beyond through rebuilding the old Silk Road trade route.

Under it, China provides funding for major infrastructure projects around the world, in a bid to speed Chinese goods to markets further afield.

Critics see it as a tool for China to spread influence. Both the EU and the US expressed concern when Italy decided to join the scheme four years ago.

"The decision to join the (new) Silk Road was an improvised and atrocious act" that increased Chinese exports to Italy without having the same effect on Italian exports to China, Mr Crosetto told Italian newspaper Corriere della Sera.

He said Italy now needs to work out how to get out of the deal without damaging relations with Beijing.

"The issue today is: how to walk back (from the BRI) without damaging relations (with Beijing). Because it is true that China is a competitor, but it is also a partner," Mr Crosetto said.

As Beijing had become increasingly assertive on the world stage, Italy would have to think about how to withdraw "without producing disasters", he said.

There has been intense discussion about whether Italy should remain in the BRI since May, when Prime Minister Giorgia Meloni said she wanted talks with China about possibly withdrawing.

It is set to be automatically renewed in March 2024 unless Italy makes a formal request to withdraw from it by December this year.

China's foreign ministry previously said it believed "China and Italy should further explore their cooperation potential" under the BRI and "strengthen mutually beneficial cooperation to seek more fruitful cooperation results."

In comments quoted in the English language edition of the state-affiliated Global Times newspaper in May, foreign ministry spokesperson Wang Wenbin added that the two nations have seen "fruitful results" in many fields as a result of the BRI.

Beijing has since launched a diplomatic campaign to try to persuade Italy to renew the deal by sending senior officials to the country to lobby its case.

 

BBC

Comments: 863
#863   Callum
      
Feel free to visit my webpage: Sandy

My site ... live poker online
Yesterday, 15:44
#862   Marshall
      
Yesterday, 12:06
#861   Ira
      
20 December 2024 17:39
#860   Monty
      
Look at my blog post ... Highstakes 777 Online
20 December 2024 12:56
#859   Kirby
      
My blog post ... best online Poker
20 December 2024 10:22
#858   Millard
      
20 December 2024 10:17
#857   Eduardo
      
Here is my web-site: Poker Online Free
19 December 2024 13:12
#856   Meri
      
Look into my site: poker online
19 December 2024 02:08
#855   Tangela
      
Feel free to visit my web site :: high stakes casino download
18 December 2024 10:09
#854   Katherin
      
Also visit my web page ... Kepenk Trsfcdhf.Hfhjf.Hdasgsdfhdshshfsh
18 December 2024 03:11
#853   Layne
      
Visit my web blog; Online Poker Sites
17 December 2024 19:07
#852   Angeline
      
17 December 2024 15:40
#851   Tory
      
Here is my web-site Violet
17 December 2024 15:19
#850   Vanessa
      
17 December 2024 09:48
#849   Collin
      
Check out my website :: Daycare Near Me
By State
16 December 2024 21:40
#848   Una
      
Feel free to visit my page: High
Stakes Poker Player
16 December 2024 08:56
#847   Chau
      
Also visit my page - play poker online
14 December 2024 14:23
#846   Terence
      
Feel free to visit my web blog ... High
stake
14 December 2024 13:00
#845   Dwayne
      
Here is my website - high Stakes Sweeps
12 December 2024 16:52
#844   Athena
      
my web blog poker Online free
11 December 2024 23:51
Add Comments

Name:*
E-Mail:
  Geo Keyboard  
 

Dear reader, guardian.ge welcomes your comments. Please express your views on topic and be respectful of others.

bold italic underline strike | align left centered align right | Ensert smilies insert linkInsert protected URL Choice the color | hidden text insert quote Convert selected text from transliteration to Cyrillic alphabet Insert spoiler

Code: *


Back1 2 3 4 5 6 7 8 9 10 ... 44Next