May 16, 2024

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China praises the “Belt and Road” in front of Italy and may not renew the agreement |  News

China praises the “Belt and Road” in front of Italy and may not renew the agreement | News

BEIJING (AFP) – China’s foreign minister is trying to convince his Italian counterpart of the merits of the Belt and Road Initiative, President Xi Jinping’s flagship project that includes building and financing infrastructure projects, while Rome is considering whether to renew the initiative. an agreement.

At Monday’s meeting, Wang Yi told Antonio Tajani that bilateral trade has risen from $50 billion to nearly $80 billion, and Italy’s exports to China have increased by about 30% in the past five years.

Although the numbers have not been confirmed, the conservative Italian government has raised doubts about the benefits of the agreement.

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