Italy is the only major Western country to have joined China’s BRI scheme. Read more at straitstimes.com.
MILAN - Good relations with China are possible even without being part of the Belt and Road Initiative deal, Italian Prime Minister Giorgia Meloni said in an interview published on Sunday, as her government weighs abandoning the project.The Chinese initiative envisions rebuilding the old Silk Road to connect China with Asia, Europe and beyond with large infrastructure spending.
The pact expires in March 2024 and will be automatically renewed unless either side informs the other that they are pulling out, giving at least three months’ notice., Ms Meloni made clear she disapproved of the 2019 move, saying she had “no political will… to favour Chinese expansion into Italy or Europe”.
“This means it is possible to have good relations, also in important areas, with Beijing, without necessarily these being part of an overall strategic design,” she said.
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