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: 5107
#4467   Penni
      
my web-site: Marian
26 January 2026 23:48
#4466   Dina
      
huge bodybuilders on steroids

References:
saveyoursite.date
26 January 2026 22:18
#4465   Neil
      
Look into my homepage - Http //Dl.Highstakesweeps.Com Login
26 January 2026 22:05
#4464   Venus
      
what are steroids and why are they dangerous

References:
doc.adminforge.de
26 January 2026 20:53
#4463   Suzanna
      
26 January 2026 19:02
#4462   Elvera
      
Feel free to visit my page: Rogelio
26 January 2026 17:47
#4461   Carin
      
buying illegal steroids online

References:
https://scientific-programs.science/
26 January 2026 16:59
#4460   Fern
      
It's really a cool and helpful piece of info. I am glad that you just
shared this useful info with us. Please stay us up to date like this.
Thanks for sharing.

my website :: Internet
Poker
26 January 2026 16:45
#4459   Cathleen
      
My blog post - poker game
26 January 2026 16:09
#4458   Maynard
      
My page; Whitney
26 January 2026 14:38
#4457   Chance
      
best muscle enhancement pills

References:
hateboard58.bravejournal.net
26 January 2026 13:49
#4456   Adam
      
natural steroid foods

References:
https://livebookmark.stream
26 January 2026 12:08
#4455   Yvonne
      
26 January 2026 11:17
#4454   Lazaro
      
lou ferrigno steroids

References:
https://katz-hammond-3.technetbloggers.de
26 January 2026 10:35
#4453   Jani
      
26 January 2026 08:11
#4452   Crystle
      
Feel free to visit my page ... Site Poker
26 January 2026 08:02
#4451   Erica
      
Feel free to visit my blog - Thunderkick games
– play for real money
26 January 2026 07:14
#4450   Leo
      
Feel free to visit my web blog ... High Stack poker
26 January 2026 06:30
#4449   Natalie
      
Also visit my page - GameArt Slot RTP List & FAQs
26 January 2026 05:34
#4448   Terrell
      
Do you mind if I quote a few of your posts as long as I provide credit and sources back to your site?
My blog site is in the exact same niche as yours and my users would truly benefit
from a lot of the information you provide here.
Please let me know if this alright with you.

Thanks a lot!

My web site Signup Bonus Poker
26 January 2026 04:04
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 ... 29 30 31 32 33 34 35 36 37 ... 256Next