Italy Plans To Join China’s Belt And Road Initiative: FT

www.oann.com | 5/18/2016 | Staff
jollyjetta (Posted by) Level 3
(Reuters) – Italy plans to sign a memorandum of understanding to become a part of China’s Belt and Road Initiative (BRI) by the end of March, a move which has drawn critical reaction from the United States, the Financial Times reported on Tuesday.

“The negotiation is not over yet, but it is possible that it will be concluded in time for (Chinese President Xi Jinping’s) visit,” the newspaper reported quoting Michele Geraci, the undersecretary in the Italian economic development ministry.

United - States - Project - Italy

The United States said the project was unlikely to help Italy economically and...
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