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: 4699
#4539   Wilfredo
      
Visit my web blog: Highstakes Poker

Take a look at my site ... calm-shadow-f1b9.626266613.Workers.dev
31 January 2026 03:15
#4538   Marguerite
      
My webpage - Online Poker Sites
31 January 2026 02:06
#4537   Mikayla
      
Here is my homepage - Poker game
31 January 2026 01:38
#4536   Alexandra
      
31 January 2026 00:57
#4535   Blair
      
31 January 2026 00:43
#4534   Bud
      
30 January 2026 23:12
#4533   Drusilla
      
Here is my web site :: All GameArt Games in one Place
30 January 2026 21:34
#4532   Kaitlyn
      
30 January 2026 18:46
#4531   Kristal
      
30 January 2026 14:45
#4530   Magda
      
References:


Roulette flash

References:
https://hu-hartman-3.technetbloggers.de
30 January 2026 10:46
#4529   Benito
      
References:


Texas station casino

References:
cameradb.review
30 January 2026 07:11
#4528   Kristin
      
29 January 2026 19:59
#4527   Zane
      
Feel free to surf to my site :: HighStakesDB
29 January 2026 19:30
#4526   Rebecca
      
29 January 2026 18:58
#4525   Bailey
      
natural abs vs steroid abs

References:
https://www.giveawayoftheday.com/forums/profile/1598382
29 January 2026 17:39
#4524   Leonardo
      
29 January 2026 17:14
#4523   Carlos
      
Also visit my web blog ... Rita
29 January 2026 16:59
#4522   Dotty
      
anabolic steroids legal florida

References:
https://justpin.date/story.php?title=mejores-quemagrasas-2026
29 January 2026 15:19
#4521   Regan
      
what are the effects of prolonged steroid use on the human body?


References:
https://platform.joinus4health.eu/forums/users/malletcough5
29 January 2026 14:44
#4520   Weldon
      
dangerous drugs that build muscle

References:
https://bookmark4you.win/
29 January 2026 13:35
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 ... 5 6 7 8 9 10 11 12 13 ... 235Next