After BRI Project Exit, Italy's PM Giorgia Meloni Signs Economic Pact In China
Edited by आकाश कुमार,
After BRI Project Exit, Italy's PM Giorgia Meloni official visit to Beijing, China for five days and announce a three-year action plan to revive cooperation with China to collaboration in areas including trade, investment, education, environmental protection and food security.
She Signed Economic Pact In China. Last year in 2023 (On December 6, 2023, the Italian government formally announced that Italy will not renew the 2019 memorandum of understanding (MOU) regarding its formal participation in China's Belt and Road Initiative (BRI).) pulled out of China's Belt and Road Initiative (BRI), having been the only G7 country to sign up in 2019 to the infrastructure and transportation plan that seeks to build a sort of modern-day Silk Road.
"It's a gap that I'd like to see narrowed in the right way", Meloni said.
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It should be noted that Italy in September, during the New Delhi G20 Summit, became one of the signatory countries in the India-Middle East-Europe Economic Corridor (IMEE EC) and signed the memorandum of understanding on Day 1 of the summit. After this Italy pulls out of China's BRI days after PM Meloni's(born in 1977) meeting with 'friend' Modi (Born in 1950) at COP 28 in Dubai.
“The choice to join the Silk Road was an improvised and wicked act, made by the government of Giuseppe Conte, which led to a double negative result,” EX. PM Giuseppe Conte said earlier this year.
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