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: 4855
#3695   Jerome
      
26 November 2025 10:42
#3694   Michelle
      
I'll right away snatch your rss feed as I can not in finding your email subscription link or e-newsletter service.

Do you have any? Kindly allow me recognise so
that I may just subscribe. Thanks.

my webpage :: Poker Gaming Software
26 November 2025 10:18
#3693   Poppy
      
Also visit my website - PokerTube
26 November 2025 09:00
#3692   Cornell
      
26 November 2025 07:53
#3691   Frank
      
26 November 2025 04:24
#3690   Adela
      
26 November 2025 04:17
#3689   Christa
      
Here is my site - Katrina
26 November 2025 03:36
#3688   Cathy
      
Check out my web page :: highstakes 777

Also visit my homepage - highstake
sweeps
26 November 2025 03:06
#3687   Blair
      
Also visit my webpage :: Christine
26 November 2025 00:34
#3686   Dillon
      
Feel free to surf to my web blog :: linkis.com

Review my web blog - Pragmatic Play online slots with verified RTP
25 November 2025 23:43
#3685   Sharyn
      
Also visit my site :: pg soft slot rtp list & faqs
25 November 2025 22:45
#3684   Mitzi
      
My homepage highstakes 777
25 November 2025 21:33
#3683   Ulysses
      
Feel free to visit my homepage Play
PG Soft slots online – demo + Cash
25 November 2025 21:32
#3681   Karla
      
25 November 2025 20:20
#3680   Marcia
      
Here is my web site: all superlotto Games in one place

Here is my website Poker Casino
25 November 2025 19:03
#3679   Keenan
      
Feel free to surf to my web blog ... Highstake Sweeps
25 November 2025 18:40
#3678   Jacques
      
Do you mind if I quote a few of your posts as long as I provide credit and sources back to your blog?

My website is in the exact same niche as yours and my visitors
would definitely benefit from some of the information you provide here.

Please let me know if this alright with you. Many thanks!


Visit my site ... best online poker sites nwt
25 November 2025 18:28
#3677   Patti
      
25 November 2025 15:17
#3676   Kurt
      
my web site :: Highstakes 777
25 November 2025 15:07
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 ... 55 56 57 58 59 60 61 62 63 ... 243Next