: :inin Kyiv (EET)

Italy plans scaled-back Silk Road agreement

ROME — The Italian government is preparing to sign a watered-down version of a “One Belt, One Road” deal with China this week.
Rome’s prospective deal with China on trade and infrastructure investment, whose terms remain under discussion, has triggered objections from Washington as well as Brussels about giving support to a country that the European Commission last week termed a “systemic rival.” The EU meanwhile is moving unexpectedly quickly to block Chinese access to big public projects ranging from railways to telecommunications.
Nevertheless, Prime Minister Giuseppe Conte told lawmakers on Tuesday that “the perimeter of the Belt and Road MoU is …read more

Source: European Voice

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