Last Friday, Prime minister Giuseppe Conte confirmed that his government is considering a bilateral agreement with China in the context of the One Belt, One Road initiative (BRI).

President Xi Jinping will visit Italy on March 22-24 with the objective of signing a Memorandum of Understanding that anchors Italy to the BRI project.

“With all due caution, I think it can be an opportunity for our country,” Conte said.

The objective of the MoU is to tap into the underexploited potential of the Chinese market. Italy currently exports 15bn worth of good and services to China, which is approximately the volume of exports to Belgium.

 

Full article available: https://www.neweurope.eu/article/italy-triggers-a-strategic-discussion-on-sino-european-relations/