Italy intends to withdraw from China's ‘One Belt, One Road' project

Infrastructure
  • 24 July, 2023
  • 09:53
Italy intends to withdraw from China's ‘One Belt, One Road' project

Italy has decided to withdraw from the "One Belt, One Road" investment agreement with China and not to renew the corresponding Memorandum of Understanding, which expires at the end of 2023, La Republica said, Report informs.

The country's withdrawal from this initiative will be discussed at the meeting between Italian Prime Minister Giorgio Meloni and US President Joe Biden to be held at the White House on July 27. She is waiting for proposals on alternative projects from Biden.

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