Italy has buyer’s remorse over China’s Belt and Road ...Middle East

Just three days after Italian Prime Minister Giorgia Meloni met with President Joe Biden at the White House, Italy’s defense minister Guido Crosetto stated that the nation’s 2019 decision to join China’s Belt and Road Initiative (BRI) was both “improvised and atrocious.” According to Crosetto, the government of Guiseppe Conte, leader of the populist Five Star Movement, had signed on to the arrangement expecting to increase Italian exports to China. Instead, Crosetto asserted, the arrangement “led to a double negative result. We exported a load of oranges to China, they tripled exports to Italy in three years.” Even before Crosetto issued his remarks, it was clear that Rome was developi

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Last updated : 04 August 2023 clock 03:28 PM

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Italy has buyer’s remorse over China’s Belt and Road ...Middle East

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