Italian Premier Giorgia Meloni met with Chinese Premier Li Qiang on the sidelines of the G20 summit and expressed her commitment to strengthen relations. However, Rome is considering abandoning Beijing’s “Belt and Road” initiative, which involves Chinese-funded infrastructure projects.
Neither government mentioned the initiative in their statements after the meeting. However, Meloni’s office stated that the meeting aimed to strengthen dialogue between Rome and Beijing on various bilateral and international issues.
Italy was the first G7 country to join the initiative in 2019, but Meloni’s right-wing government is now considering abandoning it. The decision must be made by the end of the year.
Although Italy wants to maintain a strong economic relationship with China, Meloni acknowledges the delicate nature of the issue due to bilateral trade and international implications.
China highlights the benefits of the Belt and Road initiative, citing increased bilateral trade and Italy’s exports to China. However, some critics argue that the initiative has led to debt burdens for countries involved.
Meloni’s conservative forces enjoy a majority in the Italian parliament, and she plans to involve parliament in the decision to abandon the initiative, solidifying it as a democratically supported move.
Denial of responsibility! Vigour Times is an automatic aggregator of Global media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, and all materials to their authors. For any complaint, please reach us at – [email protected]. We will take necessary action within 24 hours.
