Italy, after a four-year participation, has officially announced its decision to leave China’s Belt and Road Initiative (BRI). The Italian Prime Minister Giorgia Meloni-led government conveyed its withdrawal to Beijing, becoming the only G7 nation to exit the project. The move has sparked concerns regarding the future economic relationship between Italy and China, as it signifies a shift in the country’s approach towards the Asian superpower. Italy’s decision to leave the BRI is viewed as a bid to align more closely with the United States and other Western nations, highlighting potential geopolitical implications in the region.
Italy Leaves China’s Belt and Road Initiative, Ending Four-Year Participation
Italy has decided to withdraw from China's Belt and Road Initiative, becoming the only G7 nation to exit the project. The decision was communicated by the Prime Minister Giorgia Meloni-led government to Beijing, raising concerns over the country's future economic ties with China.
Latest from Blog
Manu Chopra, CEO of Karya Inc., emphasized the importance of utilizing artificial intelligence (AI) to reduce
Zerodha's top executives collectively received a remuneration of about ₹200 crore in the financial year 2022-23,
New research suggests that radiotherapy may not be necessary for many patients with ductal carcinoma in
The US Space Force's X-37B space plane is gearing up for its seventh mission, after landing
Ocean water is much more complex and diverse than it may seem at first glance. From