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: 5103
#5063   Cheryle
      
Excellent pieces. Keep posting such kind of information on your blog.
Im really impressed by your site.[X-N-E-W-L-I-N-S-P-I-N-X]Hey there, You've performed an incredible job.
I will definitely digg it and in my view recommend to my friends.

I am confident they will be benefited from this website.



My web blog :: Safe Poker Games Online
3 June 2026 17:47
#5062   Arnette
      
References:


Monte casino cinema https://bookmarkdaily.space/
3 June 2026 17:45
#5061   Byron
      
References:


Connecticut casino https://earthwiki.space
3 June 2026 17:02
#5060   Jestine
      
3 June 2026 17:00
#5059   Chong
      
I enjoy looking through an article that will make men and women think.
Also, thanks for permitting me to comment!

My web-site Poker Gaming Software
3 June 2026 16:04
#5058   Helena
      
3 June 2026 15:51
#5057   Louie
      
References:


Terribles casino las vegas https://skitterphoto.com
3 June 2026 15:50
#5056   Genevieve
      
3 June 2026 15:47
#5055   Audry
      
References:


Silverton casino https://may22.ru/user/sweetsbabies0/
3 June 2026 15:25
#5054   Kimber
      
Hello there! I just would like to offer you a big
thumbs up for your excellent info you have got here on this post.
I will be coming back to your blog for more soon.

Have a look at my web-site :: top poker sites
3 June 2026 15:03
#5053   Reagan
      
3 June 2026 14:19
#5052   Fae
      
3 June 2026 13:44
#5051   Roscoe
      
3 June 2026 10:38
#5050   Kattie
      
My homepage ... poker game
3 June 2026 09:54
#5049   Verlene
      
3 June 2026 09:32
#5048   Alphonso
      
Feel free to surf to my web site ... High Stakes Game
3 June 2026 09:27
#5047   Katie
      
Hello, you used to write excellent, but the last several posts have been kinda boring?
I miss your super writings. Past several posts
are just a little bit out of track! come on!

My page :: Highstake
3 June 2026 09:26
#5046   Elias
      
References:


Bellagio casino las vegas https://prpack.ru/user/brainberet8/
3 June 2026 09:20
#5045   Tracie
      
my website :: Senaida
3 June 2026 07:17
#5044   Pearline
      
Feel free to surf to my site - gamebeat games – play for real money
3 June 2026 03:47
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 ... 256Next